As of today, the spot exchange rate is €1.00 = $1.60 and the rates of inflation expected to prevail for the next year in the U.S. is 2% and 3% in the euro zone. What is the one-year forward rate that should prevail? ( ) A: €1.00 = $1.6157 B: €1.6157 = $1.00 C: €1.00 = $1.5845 D: $1.00 × 1.03 = €1.60 × 1.02