Interest Rate Premiums A 5-year Treasury bond has a 4.8% yield. A 10-year Treasury bond yields 6.65%, and a 10-year corporate bond yields 9.9%. The market expects that inflation will average 3.75% over the next 10 years (IP_10 = 3.75%). Assume that there is no maturity risk premium (MRP = 0), and that the annual real risk-free rate, r*, will remain constant over the next 10 years. A 5-year corporate bond has the same default risk premium and liquidity premium as the 10-year corporate bond described above. What is the yield on this 5-year corporate bond? Round your answer to two decimal places._________%