Company 1 offers trade discounts of 9% and 14.2% on a pair of sunglasses with list price of $120.12. Company 2 offers a trade discount of 10.3% on a comparable pair of sunglasses with list price of $156.14. What second trade discount must company 2 offer to retailers in order to match the net price of company 1? Give your answer as a percent rounded to 2 decimal places.
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