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The current three-month interest rate is 5.1% and the inflation rate is 1.2%. The three-month Eurodollar rate by SOFR is 3.2%, the three-month T-bill rate

The current three-month interest rate is 5.1% and the inflation rate is 1.2%. The three-month Eurodollar rate by SOFR is 3.2%, the three-month T-bill rate is 2.0%, and the other risk premium is 2.2%. What is the risk-free interest rate? % (Note: Please round the answer to the nearest two decimal places. Do not put % in your answer. i.e., key in "2" for "2%" for example.)

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