Suppose the current time is t=0 and the continuously compounded forward rate for the period [1,2] is given by f1,2=7.5% Consider the following two securities: - a 2 year zero coupon bond ( 2YZ ) which pays $1000 at time 2 and has a current price \$869.36. - a 3 year annuity (3YA) which pays $1000 at times 1,2 , and 3 and has a current price $2,604.94. What is the continuously compounded forward rate for the period [2,3] ? 8.0%