The yield of a 1-year zero-coupon bond is 5% per annum (continuously compounded). A 2-year coupon bond with a coupon rate of 7% per year (paid annually) has a price of 98 and a yield of 7.81% per annum (continuously compounded). The bonds have principal value of 100. i) What is the forward rate over the 2nd year? Provide the answer as a semi-annually compounded forward rate, as well as a continuously compounded forward rate.