Suppose that risk-free zero interest rates with continuous compounding are as follows: (Note that these rates are all for time periods which begin at time zero and run "x" years into the future.) Zero Rates Maturity (Years) Rate (% per annum) 1 1.26 2 1.33 3 1.91 4 2.12 5 2.93 Calculate the one-year forward rate for the second year. That is, at t=1, what will be the one year rate? Report your answer in percentage terms rounded to two decimal places without the % sign. Answer: Check