The Following Is Information on Current Spot and Forward Term

The following is information on current spot and forward term structures (assume the corporate debt pays interest annually) : Calculate the value of y (the implied forward rate on one-year maturity BBB corporate debt to be delivered in one year) .

A) 6.53 percent.
B) 10.83 percent.
C) 5.75 percent.
D) 6.925 percent.
E) 1.017 percent.