Please help asap. The WSJ reports that the current interest rates on $4-$year T$-$notes and $3-$year T$-$notes are $4\mathrm{.}12\%$ and $3\mathrm{.}75\%,$ respectively. You also observe that the $1-$year expected spot rate in year $4$ is $4\mathrm{.}87\%.$ What is the liquidity premium on the $4-$year T$-$notes if the liquidity premium hypothesis is correct?

A$.$

$0\mathrm{.}08\%$

B$.$

$0\mathrm{.}37\%$

C$.$

$0\mathrm{.}15\%$

D$.$

$0\mathrm{.}29\%$