Kevin would like to invest a certain amount of money for three years and considers investing in (1) a one-year bond that pays 3 percent, followed by a two-year bond that pays the forward rate, or (2) a three-year bond that pays 9 percent in each of the next three years, Kevin is considering the following investment strategies: Strategy A: Buy a one-year bond that pays 3 percent in year one, then buy a two-year bond that pays the two-year forward rate in years two and three. Strategy B: Buy a three-year bond that pays 9 percent in each of the next three years. If the two-year bond purchased one year from now pays 5 percent annually, Kevin will choose Which of the following describes conditions under which Kevin would be indifferent between Strategy and Strategy B? The rate on the two-year bond purchased one year from now is 10.432 percent The rate on the two-year bond purchased one year from now is 12.130 percent. The rate on the two-year bond purchased one year from now is 12.737 percent. The rate on the two-year bond purchased one year from now is 13.222 percent