Squire Inc.'s 5-year bonds yield 10.25%, and 5-year T-bonds yield 4.80%. The real risk-free rate is r* = 2.75%, the inflation premium for 5-year bonds is IP = 1.65%, the default risk premium for Squire's bonds is DRP = 1.20% versus zero for T-bonds, 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 (LP) on Squire's bonds? Select the correct answer. a. 4.25% b. 4.41% c. 4.57% d. 4.09% e. 3.93%