The Gergen Group's $5-$year bonds yield $6\mathrm{.}85\%,$ and $5-$year T$-$bonds yield $4\mathrm{.}75\%.$ The real risk$-$free rate is r$*=3\mathrm{.}6\%,$ the default risk premium for Gergen's bonds is DRP $=0\mathrm{.}85\%$ versus zero for T$-$bonds, the liquidity premium on Gergen's bonds is LP $=1\mathrm{.}25\%,$ and the maturity risk premium for all bonds is found with the formula MRP $=($t $1)\backslash$times $0\mathrm{.}1\%,$ where t $=$ number of years to maturity. What is the inflation premium $($IP$)$ on $5-$year bonds?

Select the correct answer.

a$.0\mathrm{.}84\%$

b$.1\mathrm{.}02\%$

c$.0\mathrm{.}66\%$

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

e$.0\mathrm{.}93\%$