The real tak-free rater, is 1.6. Inflation is expected to average 14% a year for the next 4 years after which time inflation is expected to average 4.0% a year. Assume that there is no maturity risk premium. A 10-year corporate bond has a yield of 11.0which includes a liquidity premium of 0.3 What is its default premium? Do not round Intermediate calculation Round your answer to two decimal places The real risk-free rate, t. Is 1.6. Inflation is expected to average 1.4% a year for the next 4 years, after which time inflation is expected to average 4.8% a year. Assume that there is no maturity risk premium. A 10-year corporate bond has a yield of 11.8%, which includes a liquidity premium of 0.39 What is its default risk premium? Do not round Intermediate calculations. Round your answer to two decimal places