Peter expects that he needs additional cash next year for one year only and receives an offer of a 5.75% one-year loan from a finance company available at the end of year one. The one-, two- and three-year bond rates in the market currently are 3.5%, 5% and 5.5% respectively. If the one-, two- and three-year liquidity premiums are 0%, 0.2% and 0.25% respectively, should Peter take this loan? You must show your calculation