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 $\le$ 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) $\le$ 0.5636 $\le$ per $1
B) $\le$ 0.5984 $\le$ per $1
C) $\le$ 0.6120 $\le$ per $1
D) $\le$ 0.6187 $\le$ per $1
E) $\le$ 0.6340 $\le$ per $1