Monsu Bank is currently faced with high demand for additional new loans: $40m in household loans, and $20m in business loans. The bank has decided to finance this new pool of loans using the following funding mix: Household loans to be funded by savings deposits (20%), fixed deposits (70%), and equity (10%); Business loans to be funded by fixed deposits (30%), certificates of deposit (55%), and equity (15%). Calculate the pooled marginal cost of funds for the business loan funding mix in percentage terms, given the following information for Monsu Bank: Funding Source Marginal Cost of Funds (per annum) Savings deposits 3% Fixed deposits 7% Certificates of deposit 10% Equity 15% NOTE: By default, the unit of the answer is %. Enter your answer with TWO (2) decimal places. For example, if your answer is 9%, enter 9.00