Assume you make the following investments:

$$ A $$10,000$ investment in a $10-$year T$-$bond that yields $6\mathrm{.}50\%,$ and

$$ A $$20,000$ investment in a $10-$year corporate bond with an AA rating and a yield of $7\mathrm{.}70\%$

Based on this information, and the knowledge that the difference in liquidity risk premiums between the two bonds is $0\mathrm{.}30\%,$ what is your estimate of the corporate bond$$s default risk premium?

$1\mathrm{.}53\%$

$0\mathrm{.}90\%$

$1\mathrm{.}20\%$

$1\mathrm{.}26\%$