Recall that on a one-year Treasury security the yield is 5.6100% and 6.7320% on a two-year Treasury security. Suppose the one-year security does

not have a maturity risk premium, but the two-year security does and it is 0.15%. What is the market's estimate of the one-year Treasury rate one

year from now? (Note: Do not round your intermediate calculations.)

O 9.6049%

O 8.6217%

O 7.5629%

6.4285%