The duration of a soon to be approved loan of $10 million is five years. The 99th percentile increase in risk premium for bonds belonging to the same risk category of the loan has been estimated to be 5.5 percent. The capital at risk for this loan is $2,010,890. The one-year net income on the loan is $152,180. What is the estimated risk-adjusted return on capital (RAROC) of this loan. Round your answer to the nearest two decimal places. If the answer is 0.1234, that's 12.34%, then you should enter 12.34. There is no need to include the % sign