eBook A company's 5-year bands are yielding 8.15% per year. Treasury bonds with the same maturity are yielding 5.05% per year, and the real risk-free rate (r) is 2.00% The average inflation premium is 2.65%, and the maturity risk premium is estimated to be 0.1 x (t-1)%, wheret - number of years to maturity. If the liquidity premium is 1.45%, what is the default risk premium on the corporate bonds? Round your answer to two decimal places. 96