Due to the integrated nature of their capital markets, investors in both the U.S. and U.K. require the same real interest rate, 2.7%, on their lending. There is a consensus in capital markets that the annual inflation rate is likely to be 2.2% in the U.S. and 2.9% in the U.K. for the next three years. The GBP/USD rate is currently 1.3070. Compute the nominal interest rate per annum in the U.K., assuming that the Fisher effect holds. (X.XX%)