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Niendorf corporations 5-year bonds yield 8.00% and 5-year T-Bonds yield 4.80%. The default risk premium for Niendorf's bonds is DRP=1.20% and the maturity risk premium

Niendorf corporations 5-year bonds yield 8.00% and 5-year T-Bonds yield 4.80%. The default risk premium for Niendorf's bonds is DRP=1.20% and the maturity risk premium for all bonds is found with the formula MRP= (t-1) * 0.1% where t =number of years to maturity. what is the liquidity premium on Niendorf's bonds?
a. 1.31%
b. 1.46%
c. 1.62
d. 1.8
e. 2.0

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