[单选题]

An analyst collects the following information regarding spot rates of interest:
·1-year rate = 4%.
·2-year rate = 5%.
·3-year rate = 6%.
·4-year rate = 7%.
Utilizing the pure expectations theory of the term structure of interest rates, the expected annualized 2-year interest rate two years from today is closest to:

A.7.02%.

B.8.03%.

C.9.04%.

参考答案与解析:

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