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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.