Squire Inc.'s 6-year bonds yield 8.00%, and 6-year T-bonds yield 4.90%. The real risk-free rate is r* = 3%, the inflation premium for 6-year bonds is IP = 1.50%, the default risk premium for Squire's bonds is DRP = 2.7% 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 is the liquidity premium (LP) on Squire's bonds? (Round your answer to 2 decimal places.)