Four interest rate forward contracts are available for interest payments due one, two, three, and four years from now. The forward interest rates in these contracts are based on a one-year spot rate of 1.02%, a two-year spot rate of 1.25%, a three-year spot rate of 1.95%, and a four-year spot rate of 2.01%. X is the level swap interest rate in a four-year interest rate swap contract that is equivalent to the four forward contracts. Find X.