Suppose that risk$-$free zero interest rates with continuous compounding are as follows: $($Note that these rates are all for time periods which begin at time zero and run $"x"$ years into the future.$)$

Zero Rates

Maturity $($Years$)$ Rate $(\%$ per annum$)$

$\backslash$table$[[1,1\mathrm{.}25],[2,1\mathrm{.}32],[3,1\mathrm{.}91],[4,2\mathrm{.}13],[5,2\mathrm{.}82]]$

Calculate the two$-$year forward rate for the third and fourth year. That is$,$ at $t=2,$ what will be the two$-$year rate?

Report your answer in percentage terms rounded to two decimal places without the $\%$ sign.

Answer: