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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 hidecimal places, with no special characters

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