The real risk-free rate is expected to remain constant at 3%. Inflation is expected to be 2% a year for the next 3 years, and then 4% a year thereafter. The maturity risk premium is 0.1% (t-1), where t equals the maturity of the bond. A 5-year corporate bond has a yield of 8.4%. What is the yield on a 7-year corporate bond that has the same default risk and liquidity premiums as the 5-year corporate bond? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average. 8.73% 8.94% 8.65% 7.98% 9.24%