The wall street journal reports that the rate on a 5 year treasury

Problem 6-17 Liquidity Premium Theory (LG6-7) The Wall Street Journal reports that the rate on 5-year Treasury securities is 6.45 percent and the rate on 6-year Treasury securities is 6.90 percent. The 1-year risk-free rate expected in five years is, E66'), is 7.50 percent. According to the liquidity premium hypotheses, what is the liquidity premium on the 6-year Treasury security, L6? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Liquidity premium : %