The following premiums apply to a 3-month bond: interest rate risk premium = 0.2 percent; real return = 1.9 percent; default premium = 0.8 percent; inflation premium = 1.4 percent. What is the expected nominal interest rate on a default-free security that has 3 months to maturity? 2.0 percent 3.6 percent 1.9 percent 3.3 percent 21 percent