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12. You Observe the following for zero COu*r1 Maturity ( ' ars) 0909 S811 6224 S7117802 S613A187 to irwest, and you have a a-year holding period (meaning, you will iNeSt the money for 4 years). You are trying to decide between the following Buy the a-year today and it Lmtil maturity two i r -we-Stment it : Buy the I-year bond today and then reiNeSt for 3 years The goddess tells you that the 3-year rate Starting I-year from now Whkh irwestrnent (A Or B) iS better? will be 9.00%. mLKh rrm will from now byCh@Sing the better than the One? V'hat iS the 3-year forward rate starting I-year from now?

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