22. Consider the following scenario: an Fl charges a 0.5 per cent loan origination fee and imposes an 8 per cent compensating balance requirement to be held as non-interest bearing demand deposits. It further sets aside reserves held at the central bank. The value of these reserves is 10 per cent of deposits. The base lending rate is 9 per cent and the credit risk premium for a specic borrower is 3 per cent. What is the RCA on the loan? A. 12.60 per cent B. 11.00 per cent C. 11.50 per cent D. Not enough information to solve the