One year ago, the spot exchange rate was $0.743 per CAD. Today, it is $1.049 per CAD. If

One year ago, the spot exchange rate was $0.743 per CAD. Today, it is $1.049 per CAD. If the return on one year riskless US government debt is 3.1% and the Law of One Price holds, what should the return on one yer riskless Canadian government debt be? Please use the exact version of the formula.