Refer to the following table. Maturity (years) Zero-coupon YTMn = rn 1 3.95% 2 5.51% 3 5.51% 4 4.81% 5 4.28% What is the forward rate for year 5 (the forward rate quoted today for an investment that begins in four years and matures in five years)? The forward rate for year 5 is%. (Round the final answer two decimal places. Round all intermediate values to four decimal places as needed.)

Refer to the following table. What is the forward rate for year 5 (the forward rate quoted today for an investment that begins in four years and matures in five years)? The forward rate for year 5 is %. (Round the final answer two decimal places. Round all intermediate values to four decimal places as needed.)