NikkiG's Corporation's $10-$year bonds are currently yielding a return of $7\mathrm{.}05$ percent. The expected inflation premium is $1\mathrm{.}10$ percent annually and the real risk$-$free rate is expected to be $2\mathrm{.}10$ percent annually over the next ten years. The liquidity risk premium on NikkiG's bonds is $0\mathrm{.}25$ percent. The maturity risk premium is $0\mathrm{.}40$ percent on $2-$year securities and increases by $0\mathrm{.}07$ percent for each additional year to maturity. Calculate the default risk premium on NikkiG's $10-$year bonds. $($Round your answer to $2$ decimal places.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[\backslash$table$[[$Default risk$],[$premium$]],2\mathrm{.}20,\%$