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Suppose we observe the following rates: 1 R 1 = 4.6%, 1 R 2 = 5.2%, and E ( 2 r 1 ) = 4.6%.

Suppose we observe the following rates: 1R1 = 4.6%, 1R2 = 5.2%, and E(2r1) = 4.6%. If the liquidity premium theory of the term structure of interest rates holds, what is the liquidity premium for year 2? (Round your intermediate calculations to 5 decimal places and final answer to 2 decimal places. (e.g., 32.16))

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