Jason Inc.'s 5-year bonds yield 6.85%, and 5-year T-bonds yield 4.6%. The real risk-free rate is 2.85%, the default risk premium for Crockett's bonds is DRP = 1.35% versus zero for T-bonds, the liquidity premium on Crockett's bonds is LP = 0.90% versus zero for T-bonds, and the maturity risk premium for all bonds is found with the formula MRP = (t 1) 0.1%, where t = number of years to maturity. What inflation premium (IP) is built into 5-year bond yields?