The Expected Inflation Rate in Finland Is 2

The expected inflation rate in Finland is 2.8 percent while it is 3.7 percent in the U.S. A risk-free asset in the U.S. is yielding 4.9 percent. What approximate real rate of return should you expect on a risk-free Finnish security?

A) 1.2 percent
B) 1.7 percent
C) 2.1 percent
D) 2.5 percent
E) 2.8 percent