Assume the Inflation Rate in the United States Is 2

Assume the inflation rate in the United States is 2.2 percent.The spot rate for a foreign currency is 0.947 while the 1-year forward rate is 0.951.What is the approximate rate of inflation in the foreign country?

A) 2) 62%
B) 2) 37%
C) 1) 49%
D) 1) 63%
E) 1) 78%