Suppose it is October 1, 1990 and inflation rates in the U. and France are expected to be 4% and 9%, respectively, next year and 6% and 7%,...

Suppose it is October 1, 1990 and inflation rates in the U.S. and France are expected to be 4% and 9%, respectively, next year and 6% and 7%, respectively, in the following year. If the current spot rate is $.1050, then the expected spot value of the franc in two years is？