Cafculabhg the risk premium on bonds The text presents a formula where {1+1} = [1p){1+f+x)+p{) where i is the nominal interest rate on a riskless bond x is the risk premium p is the probability of default (bankruptcy) if the probability of bankruptcy is zero, the rate of interest on the risky bond is i When the nominal interest rate for a risky borrower is 12% and the nominal policy rate of interest is 4%.1he probability of bankruptcy is 7.14 %. {Round your response to two deofmaipiacesJ When the probability of bankruptcy is 10% and the nominal policy rate of interest is 5%, the nominal interest rate for a risky borrower is Mr) decimal places.) %_ {Round yourresponse to