Calculating Implied Forward Rate

As an investment analyst, you need to assess the future interest rates implied by the current term structure of interest rates. Forward rates are often derived from the yield curve and can provide you with insights into future expectations of interest rates.

Given the following information about zero-coupon bonds:

- The 1-year zero-coupon bond yields 2%.

- The 2-year zero-coupon bond yields 3%.

Based on this information, what is the implied forward rate for year 2, starting at the end of year 1?