You observe the following term structure for discount bonds: Maturity Yield 1 year 5.1% 2 years 5.4 3 years 5.6 4 years 5.7 5 years 6.0 Assume that the expectations theory holds. What does the market expect will be the yield on 2-year discount bonds issued three years from today?

a) 5.4% b) 6.6% c) 6.8% d) 7.6% e) 5.8%