Suppose the real risk-free rate is 3.75% and the future rate of inflation is expected to be constant at 2.60%. What rate of return would yoi expect on a 1-year Treasury security, assuming the pure expectations theory is valid? Include cross-product terms, i.e, if averaging is required, use the geometric average. (Round your final answer to 2 decimal places.) a. 6.35% b. 3.85% c2706 d. 3.75% e. 6.45%