$8.$ A paticular secuitys default isk premium is $5$ percent. For all secuities$,$ the inflation iskpremium is $4\mathrm{.}85$ percent and the real isk$-$free rate is $3\mathrm{.}30$ percent. The secuitys liquidity iskpremium is $0\mathrm{.}15$ percent and matuity isk premium is $0\mathrm{.}75$ percent. The secuity has nospecial covenants. Calculate the secuitys equilibium rate of retun. Note: Round yourpercentage answer to $2$ decimal places $($i$.$e$.,0\mathrm{.}1234$ should be entered as $12\mathrm{.}34.$