Assume you are going to invest $5,000 for the next year and are considering three options:
a. A money market fund that has an average maturity of 30 days and yielding 2% annually
b. A 1-year savings deposit at a bank with an interest rate of 3%
c. A 20-year U.S. Treasury bond with a yield to maturity of 5%
What role does your forecast of future interest rates play in your decision on which investment to choose?