If 10-year T-bonds have a yield of 6.2%, 10-year corporate bonds yield 9.8%, the maturity risk premium on all 10-year bonds is 1.3%, and corporate bonds have a 0.46% liquidity premium versus a zero liquidity premium for T-bonds, what is the default risk premium on the corporate bond?

Group of answer choices

3.20%

3.81%

3.14%

2.46%

2.72%