A zero-coupon bond has a beta of 0.1 and promises to pay $1,000 next year with a probability of 98%. If the bond defaults, it will pay nothing. One-year Treasury securities are yielding 5%, and the equity premium is 7%. 32) Refer to the information above. What is the time premium for this bond investment? 32) A) 5.7% B) 2.9% () 0.7% D) 5.0%