Suppose the Current Spot Rate Between the British Pound and the Canadian

Suppose the current spot rate between the British pound and the Canadian dollar is £0.5810 per $1. Expected inflation in Britain is 8% and expected inflation in Canada is 5%. What is the expected
Exchange rate in one year from now if relative purchasing power parity holds?

A) £0.5636 £ per $1
B) £0.5984 £ per $1
C) £0.6120 £ per $1
D) £0.6187 £ per $1
E) £0.6340 £ per $1