You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from today, 2f1? Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (i.e., 0.1234 should be entered as 12.34). Maturity One day One year Two years Three years Forward rate Yield 2.80% 6.30 7.30 9.80 %

You note the following yield curve in The Wall Street Journal. According to the unbiased expectations theory, what is the 1-year forward rate for the period beginning one year from todoy, 2f1 ? Note: Do not round intermediate calculations. Round your percentage answer to 2 decimal places (1.e., 0.1234 should be entered as 12.34)