You observe a real interest rate of 1.1%, and measure the liquidity premium at 0.40% and the default premium at 0.60%. You also estimate the maturity risk premium to be equal to 125*(t 1)%. Finally, you estimate future inflation rates to be 7%, 5%, 3%, for Years 1 through 3, respectively, and then remain steady at 2% long-term. What is the corporate yield spread? (include THREE decimal places, but do NOT include the "%" sign. Example 12.345% = 12.345)