$[$Ch $7]$ Suburban Outfitters Corporation has issued zero$-$coupon corporate bonds with $5$ years to maturity and a face value of $$3,000.$ Investors believe there is a $40\%$ chance that Suburban Outfitters will default on these bonds. If Suburban Outfitters does default, investors expect to receive only $50\%$ of the promised payoff at maturity. If investors' expected required return is $10\mathrm{.}300\%,$ what is the default risk premium on these bonds?

$($to nearest $0\mathrm{.}0001\%)$