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A Treasury bond that matures in 10 years has a yield of 4.75%. A 10-year corporate bond has a yield of 6.70%. Assume that the

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A Treasury bond that matures in 10 years has a yield of 4.75%. A 10-year corporate bond has a yield of 6.70%. Assume that the liquidity premium on the corporate bond is 0.6%. What is the default risk premium on the corporate bond? Round your answer to two decimal places. Your answer should be between 0.74 and 2.52, rounded to 2 decimal places, with no special characters

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