The Wall Street Journal reports that the rate on 8-year Treasury securities is 5.95 percent and the rate on 9- year Treasury securities is 6.20 percent. The 1-year risk-free rate expected in eight years is, E(gr), is 6.80 percent. According to the liquidity premium hypotheses, what is the liquidity premium on the 9-year Treasury security, Lg? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Liquidity premium ]%