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A particular security ' s default risk premium is 3 percent. For all securities , the inflation risk premium is 2 . 6 5 percent

A particular security's default risk premium is 3 percent. For all securities, the inflation risk premium is 2.65 percent and the real riskfree rate is 1.50 percent. The security's liquidity risk premium is 0.35 percent and maturity risk premium is 0.95 percent. The security has no special covenants. Calculate the security's equilibrium rate of return.
Note: Round your percentage answer to 2 decimal places (i.e.,0.1234 should be entered as 12.34).
Rate of return
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