Calcium Manufacturing Corporation Ltd has supplied your bank with the following balance sheet (in $millions) with regard to its application for a loan of $1,000. Cash = $310; Accounts receivables = $450; Inventory = $220; Plant & Equipment = $2,200; Land = $700; Accounts payable = $180; Longterm Debt = $1,960 and Equity = $1,740. Additional information supplied by Calcium Manufacturing Corporation Ltd (in $millions) includes: Net Sales = $5,200; Taxes = $940; Interest expense = $220; Depreciation = $220. Furthermore, Calcium Manufacturing Corporation Ltd pays no dividends, and its Equity is currently selling at twice its book value. The companys credit rating is A and its bonds are trading at 7.5%, with the current Commonwealth Government bond rate being 5.6%. The recovery rate on defaulted loans is 75%. What is the credit risk premium? a. 0.0042 b. 0.0049 c. 0.0044 d. 0.0047