Calculation of 1-Year Forward Rate

During a recent investment analysis, an investor is examining a series of forward rates derived from a yield curve. The investor observes the following interest rates for the respective maturities:

• 1-Year: 2.5%
• 2-Year: 3.0%
• 3-Year: 3.5%

To evaluate the expected future interest rate for the 1-Year period that begins in one year (the 1-Year forward rate starting one year from now), the investor calculates the implied forward rate using the available information.

Based on the current yield curve data, what is the correct calculation of the 1-Year forward rate starting one year from now?