you are considering an investment in 30 year bonds issued by stein mart corporation. the bonds have no special covenants. the wall street journal reports that one year T-bills are are currently earning 4.80 percent. your broker has determined the following information about economic activity and stein mart corporation bonds: real intrest rate = 0.75 percent, default risk premium =2.05 percent, liquidity risk premium =0.80 percent, maturity risk premium = 2.55 percent. what is the fair intrest rate on stein mart corporation 30 - year bonds?

A. 10.20%

B. 6.15%

C. 9.70%

D. 8.80%