Question 6 Not yet answered Using the expectations approach to the determination of interest rates, calculate the expected interest rate on a one-year investment that will be available in 12 months' time (E171), given the following data: current rate of return on a one-year-to-maturity (011) instrument is 3% per annum current rate of return on a two-year-to-maturity (012) instrument is 5% per annum Marked out of 1.00 Flag question Select one: a. 6.75 per cent b. 8.25 per cent c. 7.00 per cent d. 7.75 per cent