You observe the following curve for Treasury securities: Maturity Yield 1 year 6.5% 2 years 6.3% 3 years 6.0% 4 years 5.8% 5 years 5.5% Assume that the pure expectations hypothesis holds. What is your investment return if you plan to lend for 2 years, starting three years from today? Select one:

a. 5.75% b. 4.30% c. 6.30% d. 6.40% e. 4.75%