Consider a world where the following 4 zero-coupon bonds are trading, each with a face value of $1000. The prices of the bonds are as follows: - 1-year bond with a market price of $935.93 - 2-year bond with a market price of $860.65 - 3-year bond with a market price of $770.33 - 4-year bond with a market price of $690.50 Assuming the expectations hypothesis holds, what is the expected 3-year spot rate one yea from today? Assume cashflows/coupons in this economy are paid annually. 10.67% 10.00% 9.68% 7.95% 11.11%