A trader is analyzing forward rates by utilizing the current term structure of continuously compounded zero rates. They have compiled the following data: | Maturity in years | Zero rate (%) | |-------------------|---------------| | 1 | 1.50 | | 2 | 2.00 | | 3 | 2.50 | | 4 | 3.00 | | 5 | 3.50 | Using the above information, calculate the approximate forward rate for a period that commences in 3 years and extends for 2 years. | Financial Risk Manager Part 1 Quiz - LeetQuiz