Suppose the real risk-free rate is 2.60%, the average future inflation rate is 2.70%, a maturity premium of 0.15% per year to maturity applies, i.e., MRP=0.15%(t), where t is the number of years to maturity. Suppose also that a liquidity premium of 0.50% and a default risk premium of 1.80% applies to A-rated corporate bonds. What is the difference in the yields on a 5 -year A-rated corporate bond and on a 1o-year Treasury bond? Here we assume that the pure expectations theory is NOT valid, and disregard any cross-product terms, i.e., if averaging is required, use the arithmetic average. a. 1.55 p.p. b. 2.30 p.p. c. 3.35 p.p. d. 2.05 p.p. e. 2.98 p.p