If corporate bonds are traded 12% above the government bond rate of 8% and the recovery rate on default loans is 50%. What is the premium? a. 20% b. 10% c. 90% d. 5.68% If corporate bonds are traded 12% above the government bond rate of 8% and the recovery rate on default loans is 50%. What is the premium? a. 20% b. 10% c. 90% d. 5.68%