The 6-month Treasury bill spot rate is 3.60%, and the 1-year Treasury bill spot rate is 4.44%. What is the implied 6-month forward rate for six months from now?

Hint: These are annual rates, so you need to convert to semiannual rates.

Please report your answer in percent (annualized) to two decimal places. For instance, 3.75% would be 3.75.