A Treasury Bond Due in One Year Has a Yield

A Treasury bond due in one year has a yield of 4.6%; a Treasury bond due in 5 years has a yield of 5.6%.A bond issued by Lucent Technologies due in 5 years has a yield of 8.9%; a bond issued by Exxon due in one year has a yield of 6.2%.The default risk premiums on the bonds issued by Exxon and Lucent Technologies,respectively,are:

A) 1.6% and 3.3%
B) 0.5% and 0.7%
C) 3.3% and 1.6%
D) 0.7% and 0.5%
E) none of the above