PET WC Question 5 of 10 -/4 E View Policies Current Attempt in Progress A A Swiss sporting goods company borrows in yen in the Eurocredit market at a rate of 4,79 percent from Bank of America using a three-month rollover loan. Bank of America assigns a default risk premium of 1.80 percent on the loan, and the country risk is an additional 0.73 percent. The bank can borrow funds in the Euromarket at the three-month LIBOR rate of 0.36 percent. What is Bank of America's gross profit margin on this loan? (Round answer to 1 decimal places, eg. 15.2.) A > 0 Gross profit margin % AL Save for Later Attempts: unlimited Submit Answer