The following table gives the term structure of spot interest rates.

If the one$-$year forward rate for year $3$ is $6\mathrm{.}5\%,$ calculate $x.$

$($A$)5\mathrm{.}36\%$

$($B$)5\mathrm{.}20\%$

$($C$)5\mathrm{.}04\%$

$($D$)4\mathrm{.}95\%$

$($E$)11\mathrm{.}61\%$