If 10-year T-bonds have a yield of 5.5%, 10-year corporate bonds yield 9.5%, the maturity risk premium on all 10-year bonds is 1.5%, and corporate bonds have a 0.2% liquidity premium versus a zero liquidity premium for T-bonds, what is the default risk premium on the corporate bond?

	A.	1.50%
	B.	2.30%
	C.	4.00%
	D.	3.80%