A bank expects to raise $49 million in new money if it pays a deposit rate of 7%,$94 million in new money if it pays a deposit rate of 9%, and it can raise $119 million in new money if it pays a deposit rate of 13%. The bank expects to earn 9.5% on all money that it receives in new deposits. What is the marginal cost of deposits if this bank raises its deposit rate from 9% to 13% ? "Please type your answer as percentage and not as decimal (i.e. 5.2 and not 0.052). Do not type the \% symbol