You currently have a $300,000 15 year fully amortizing fixed rate mortgage with a 4.5% rate (Loan A). You had to pay $3,000 in origination fees to get Loan A. After making payments on this loan for 4 years, you consider refinancing your mortgage. The new loan (Loan B) would be for 11 years, also be a fixed rate fully amortizing mortgage and have a 3.90% rate. In order to get Loan B you will need to pay $4,000 in origination fees and your old loan, Loan A, has a 1.5% prepayment penalty if you prepay in the first 3 years. You will pay any prepayment penalties and fees in cash upfront. If you hold the new loan until maturity, what is your effective interest rate on this new loan? Enter your answer as a percentage rounded to two decimal places. (For example, if your answer is two and a half percent, enter 2.50.)