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11. Metrobank offers one-year loans with a 9 percent stated or base rate, charges a 0.25 percent loan origination fee, imposes a 10 percent compensating balance requirement, and must hold a 6 percent reserve requirement at the Federal Reserve. The loans typically are repaid at maturity. If the risk premium for a given customer is 2.5 percent, what is the contractually promised rate of return on this loan (rounded to the closest basis points)? A. 10.49% B. 12.24% C. 12.97% D. 15.45%