Check my work 12 A particular security's equilibrium rate of return is 8 percent. For all securities, the inflation risk premium is 400 percent and the real risk-free rate is 2.0 percent. The security's liquidity risk premium is 0.25 percent and maturity risk premium is 0.65 percent. The security has no special covenants. Calculate the security's default risk premium. (Round your answer to 2 decimal places. (e.g. 32.16)) nts risk premim eBook