The real risk-free rate, r", is 3.3%. Inflation is expected to average 3.2% a year for the next 4 years, after which time inflation is expected to average 5,4% a year. Assume that there is no maturity risk premium. An 11-year corporate bond has a yield of 10.6%, which includes a liquidity premium of 0.55%. What is its default risk premium? Do not round intermediate calculations. Round your answer to two decimal places % The real risk-free rate, r", is 3.3%. Inflation is expected to average 3.2% a year for the next 4 years, after which time inflation is expected to average 5,4% a year. Assume that there is no maturity risk premium. An 11-year corporate bond has a yield of 10.6%, which includes a liquidity premium of 0.55%. What is its default risk premium? Do not round intermediate calculations. Round your answer to two decimal places %