14. You have a 1-year holding period and purchase a five-year note with a yield of 4.75%. The yield on a four-year note today is 4.5%. You expect the yield curve to be the same in one year as it is today. What is your expected ROR?

1. more than 4.75%
2. 4.75%
3. less than 4.75%
4. need information on the notes coupon