A Swiss bank converted 1 million Swiss francs to euros to make a euro loan to a customer when the exchange rate was 1.20 francs per euro. The borrower agreed to repay the principle plus 2% interest in 1 year. The borrower repaid euros at loan maturity and when the loan was repaid the exchange rate was 1.25 francs per euro. What was the bank's franc rate of return? 7.29% O 11.04% 09.94% O 6.25% 0 4.56%