2. An asset pays a cash flow of 100,000 in 1 year and 200,000 in 3 years. The discount rate is 4% for each. You have a 2-year horizon and the reinvestment rate one year from is (expected to be) 5% and the one-year discount rate two years from now is expected to be 6%. What is your (expected) Rate-of-Return? (Please show work)