On July $1,2014,$ zero coupon bonds with face amount $1$ were priced as follows:

Estimate the current forward rates of interest for the second year.

Possible Answers

$3\mathrm{.}97$

$4\mathrm{.}34$

$5\mathrm{.}30$

$6\mathrm{.}23$

$7\mathrm{.}40$