A $10-$year Treasury bond yields $3\%,$ and a $10-$year corporate bond yields $6\mathrm{.}4\%.$ The market expects that inflation will average $2\%$ over the next $10$ years $($IP$=2\%).$ If the MRP is expected to be $0$ and the Default Risk Premium is $3\%$ for the $10$ year Corporate bond, what should be the liquidity premium for the $10$ year corporate bond? Question $5$ options: $3\mathrm{.}4\%0\mathrm{.}7\%0\mathrm{.}4\%1\%$