Suppose that prices for zero-coupon bonds with different maturities and par values of $1,000 are listed in the following. Maturity (Years) Price ($) 1 900 2 800 3 700 4 600 According to the expectations theory, what is the expected forward rate in the third year? a. 12.50% b. 13.00% c. 27.78% d. 14.29%