Squire Inc.'s 7-year bonds yield 8.64%, and 5-year T-bonds yield 5.3%. The real risk-free rate is r* = 2.19%, the inflation premium for 5-year bonds is IP = 1.68%, the default risk premium for Squire's bonds is DRP = 1.22% 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 in percent?