Calculating Expected Future Exchange Rate

Consider an investor who is examining two countries: Country X and Country Y. The current nominal exchange rate between the currencies of these two countries is 1.2 units of Currency Y per unit of Currency X. Furthermore, the respective inflation rates in Country X and Country Y are 4% and 2% per annum, respectively. According to the International Fisher Effect and relative purchasing power parity theory, what should be the expected future nominal exchange rate in Currency Y per unit of Currency X, one year from now?