Question: Suppose you want to detemine the forward rates for your client, a lender who is considering a Forward Rate Ageement ( FRA). You have collected

Suppose you want to detemine the forward rates for your client, a lender who is considering a Forward Rate Ageement ( FRA). You have collected and organized the data for the risk-free zero interest rates with continuous compounding in the following table:

Maturity( years)Zero Rate (% per annum)
12
23
34
46
57


What is the forward rate for the third year?
What is the forward rate for the fourth year? 

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