The risk-free interest rate is 4.7% per year, the liquidity premium is 0.2% per year, the maturity premium is 0.4% per year, the inflation premium is 2.5% per year, and the default premium is 1.1% per year. What is the annual real interest rate? O 1) 2.2% 2) 2.0% 3) 1.8% 4) 2.4% 5) 2.6%