The real risk.free rote is 3.05%. Inflation is expected to be 4.05% this year, 4.65% next year, and 2.6% thereafter. The maturity risk premium is estimated to be 0.05(t1)%, where t a number of years to maturity. What is the yleld on a 7 -year Treasury note? Do not round intermediate calculations. Round your answer to two decimal piaces