Suppose the interest rate on a 1-year T-bond is 5.0% and that on a 2-year T-bond is 4.4%. Assuming the pure expectations theory is correct, what is the market's forecast for 1-year rates 1 year from now?

a. 4.15%

b. 3.27%

c. 4.18%

d. 2.89%

e. 3.80%