RON:the principal objection here is that the meaning is incorrect/unclear: for instance, a 'two-year low level' could mean that it hit a low level and then stayed there for two years.
consider other uses of the adjective "two-year":
a two-year lease is a lease that LASTS for two years.
a two-year recession is a recession that LASTS for two years.
a two-year marriage ... etc. etc.
k可以是2