36. Multifirm Co. wants to open a new subsidiary in Peru and needs information about the market risk premium in Peru; however, this information is not available. On the other hand, Multifirm Co. knows that the market risk premium in the U.S. (its home country) is 5.2% and that the standard deviation for the U.S. market is 7% and for the Peruvian market is 11%. Based on this information, what is the estimated market risk premium in Peru