1 A particular security's equilibrium rate of return is 9 percent. For all securities, the inflation risk premium is 3.40 percent and the real risk free rate is 23 percent. The security's liquidity risk premium is 0.95 percent and maturity risk premium is 085 percent. The security has no special covenants. Calculate the security's default risk premium (Round your percentage answer to 2 decimal places fe9-32.16) Default rik pre 05.12