The Wall Street Journal reports that the rate on three-year Treasury securities is 2.58 percent and the rate on four-year Treasury securities is 2.79 percent. The one-year interest rate expected in three years, E(₄r₁), is 3.28 percent. According to the liquidity premium hypotheses, what is the liquidity premium on the four-year Treasury security, L₄? (Do not round intermediate calculations. Round your answer to 2 decimal places. (e.g., 32.16))