An investor is considering two alternative investments. The first alternative is to invest in an instrument that matures in two years. The second alternative is to invest in an instrument that matures in one year and at the end of one year, reinvest the proceeds in a one-year instrument. The investor believes that one-year interest rates one year from now will be higher than they are today and, therefore, is leaning in favor of the second alternative. What would you recommend to this investor?