You observe the following market interest rates, for both borrowing and lending:

one-year annual rate = 4.5%

two-year annual rate = 6.7%

one-year annual rate one year from now (forward rate) = 7.6%

If you want to take advantage of these rates, what steps will you have to do today?

	A.	Borrow for one year, lend for two years, enter a forward agreement to borrow for one year in one year from now.
	B.	Lend for one year, borrow for two years, enter a forward agreement to lend for one year in one year from now.
	C.	Lend for one year, borrow for two years, enter a forward agreement to borrow for one year in one year from now.
	D.	Borrow for one year, lend for two years, enter a forward agreement to lend for one year in one year from now.