You have the following expected (1-year) forward rates. Year Rate 1 -0.60% 2 0.70% 3 3.60% 4 8.20% 5 9.30% If these rates hold true, what would be the expected yield on a 3 year bond, purchased at the END of year 2? O a. 7.03% O b. cannot be calculated with the provided data 1.22% C. O d. 4.17% O e. 7.00%