Stendardi Corporation's $5-$year bonds yield $7\mathrm{.}50\%$ and $5-$year T$-$bonds yield $6\mathrm{.}10\%.$ The real risk$-$free rate is r$*=2\mathrm{.}50\%,$ the inflation premium for $5-$year bonds is IP $=3\mathrm{.}00\%,$ the liquidity premium for Stendardi$$s bonds is LP $=0\mathrm{.}85\%$ versus zero for T$-$bonds, and the maturity risk premium for all bonds is found with the formula MRP $=($t$)\backslash$times $0\mathrm{.}12\%,$ where t $=$ number of years to maturity. What is the default risk premium $($DRP$)$ on Stendardi$$s bonds?

a$.0\mathrm{.}35\%$

b$.0\mathrm{.}45\%$

c$.0\mathrm{.}55\%$

d$.0\mathrm{.}65\%$

e$.0\mathrm{.}75\%$