Dakota Corporation $15-$year bonds have an equilibrium rate of return of $8$ percent. For all securities$,$ the inflation risk premium is $1\mathrm{.}35$ percent and the real risk$-$free rate is $2\mathrm{.}50$ percent. The security$$s liquidity risk premium is $0\mathrm{.}45$ percent and maturity risk premium is $1\mathrm{.}05$ percent. The security has no special covenants. Calculate the bond$$s default risk premium. $($Round your answer to $2$ decimal places.$)$