If 10-year T-bonds have a yield of 6.2%, 10-year corporate bonds yield 11.8%, the maturity risk premium on all 10-year bonds is 1.3%, and corporate bonds have a 0.4% liquidity premium versus a zero liquidity premium for T-bonds, what is the default risk premium on the corporate bond? Select the correct answer. a. 5.42% b. 5.64% c. 5.53% d. 5.20% e. 5.31%