The following are the current coupon yields to maturity and spot rates of interest for six U.S. Treasury securities. Assume that all securities pay interest annually. Yields to Maturity and Spot Rates of InterestTerm to Maturity (Years)Current Coupon Yield to Maturity (%)Sport Rate of Interest (%)1-year Treasury5.055.052-year Treasury5.405.433-year Treasury5.955.995-year Treasury6.406.4710-year Treasury6.857.0030-year Treasury7.207.64 Compute the 2-year implied forward rate three years from now, given the information provided in the preceding table. Do not round intermediate calculations. Round your answer to two decimal places. %