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Assume that the coupon rate (yearly interest rate) on a 1-year US government bond is 2% and the coupon rate on a 5-year corporate bond

Assume that the coupon rate (yearly interest rate) on a 1-year US government bond is 2% and the coupon rate on a 5-year corporate bond issued by a large company like Samsung is 4.5%. If Samsungs default risk premium is 1% what is the current rate of the maturity risk premium for Samsung's 5-year bond? Enter your answer to four decimal places without the percent sign (example: 6.78% enter as .0678).

(Note: 0.035 was NOT correct. Please avoid this number.)

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