Crockett Corporation's 5-year bonds yield 7.05%, and 5-year T-bonds yield 5-35%. The real risk-free rate is r - 3.10%, the default risk premium for Crockett's bonds is DRP = 0.80% versus zero for T-bonds, the liquidity premium on Crockett's bonds is LP -0,90% versus zero for T-bonds, and the maturity risk premium for all bonds is found with the formula MRP-(t-1) * 0.1%, where t = number of years to maturity. What inflation premium (IP) is built into 5-year bond yields? a. 2.25% b. 0.80% c. 1.294 O d. 1.851 e. 1.35