Suppose 10-year T-bonds have a yield of 6.00% and 10-year corporate bonds yield 7.50%. Also, corporate bonds have a 0.50% liquidity premium versus a zero liquidity premium for T-bonds, and the maturity risk premium on both Treasury and corporate 10-year bonds is 1.50%. What is the default risk premium on corporate bonds?

		1.25%
		0.75%
		1.75%
		1.00%
		1.50%