Suppose that the yield on a 1 year t-strip is 1.55% and the yield on a 2 year t-strip is 3.90%. The yield on a 1 year, zero coupon corporate bond is 5.80%, and the yield on a 2 year, zero coupon corporate bond is 10.30%.

Use the information to answer the question. What is the 1 year forward rate for the treasury securities?