Recall that on a one-year Treasury security the yield is 4.2300% and 5.0760% on a two-year Treasury security. Suppose the one-year security does not have a maturity risk premium, but the two-year security does and it is 0.45%. What is the markets estimate of the one-year Treasury rate one year from now?

4.2755%

6.3881%

5.7342%

5.0300%