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Given a spot curve that has zero rates r 0.5 = 2 % ; r 1 = 2.5 % ; r 1.5 = 3 %

Given a spot curve that has zero rates r 0.5 = 2 % ; r 1 = 2.5 % ; r 1.5 = 3 % ; r 2 = 3.5 % . What is the forward rate for a forward contract that is a one-year contract starting from the end of the first year and ending at the end of the second year ? (quoted in Annual Percentage Rate with semi-annual compounding) (Enter your answer as a decimal rounded to 4 decimal places)

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