Nikki's Corporation's 10-year bonds are currently yielding a return of 6 15 percent. The expected inflation premium is 110 percent annually and the real risk-free rate is expected to be 2 30 percent annually over the next ten years. The liquidity risk premium on NikkIG's bonds is 0.35 percent. The maturity risk premium is 0.20 percent on 3-year securities and increases by 003 percent for each additional year to maturity Calculate the default risk premium on Nikki's 10-year bonds (Round your answer to 2 decimal places.) Default risk premium %