n analyst evaluating securities has obtained the following information. The real rate of interest is $3\%.$ The rate is expected to remain constant for the next $10$ years. The expected average inflation rate for the next ten years is $3\mathrm{.}5\%.$ The maturity risk premium is estimated to be $0\mathrm{.}3$ x $($t $-1)\%,$ where t $=$ number of years to maturity. The liquidity premium on relevant $10-$year securities is $1\mathrm{.}0\%$ and the default risk premium on relevant $10-$year securities is $3\mathrm{.}0\%.$ Compute the yield on a $10-$year corporate bond. $($Note: Use formula for the full credit$).$