Consider a two-level cache hierarchy with L1 and L2 caches. An application…

Consider a two-level cache hierarchy with L1 and L2 caches. An application incurs 1.4 memory accesses per instruction on average. For this application, the miss rate of L1 cache is 0.1; the L2 cache experiences, on average, 7 misses per 1000 instructions. The miss rate of L2 expressed correct to two decimal places is ________.