Metrobank offers one-year loans with a 15 percent stated rate, charges a 1/5 percent loan origination fee, imposes a 11 percent compensating balance requirement, and must pay a 6 percent reserve requirement to the Federal Reserve. What is the return to the bank on these loans? (Do not round intermediate calculations. Round your answer to 1 decimal place. (e.g., 32.1))

Rate of return ?%