Kay Corporation's S-year bonde yield 5.90% and 5-year T-bonds yield 4 40%. The real risk-free rate is r* - 25%, the inflation premium for 5-year bands is IP 1.50%, the default risk premium for Kay's bonde la DRP-1.30% versus zero for T-bonds, and the maturity risk premium for all bonds is found with the formula MRP(-1) X 0.1% where number of years to maturity. What is the liquidity premium (L) Kay's bonds? a. 0.25% 1.0.17% 0.23% d. 0 20% 0.1996