Question 12 1 pts Joe's Pizza Corp 5 year bonds yield 8% and a 5 year T-bond yields 4.8%. The real risk free rate is 2.75%, the inflation premium for 5 year bonds is 1.65%, the default risk premium for Joe's bonds is 1.2% vs. O for T-bonds, and the maturity risk premium for all bonds with a 5 year maturity is .40%. What is the liquidity premium on Joe's bonds? Answer as a whole percent rounded to one decimal point; for example 3.2%.