A bank has made a loan charging a base lending rate of $8$ percent. It expects a probability of default of $2$ percent. If the loan is defaulted, the bank expects to recover $80$ percent of its money through the sale of its collateral. What is the expected return on this loan? $7\mathrm{.}6$

Input your answer as a percentage with $2$ decimal places, without the $\%.$ For example, $6\mathrm{.}27.$