The Gergen Group's 5-year bonds yield 6.85\%, and 5-year T-bonds yield 4.75\%. The real risk-free rate is r=2.50%, the default risk premium for Gergen's bonds is DRP =0.85% versus zero for T bonds, the liquidity premium on Gergen's bonds is LP=1.25%, and the matukty risk premium for all bonds is found with the formula MRP =(t1)0.15%, where t= number of years to maturity. What is the inflation premium (IP) on 5 -year bonds