13-101 What Is the Expected Return on the Loan at the End

13-101 What is the expected return on the loan at the end of the year if 50 percent of the loan is drawn? Estimate using future values of fee and interest income received,that is,return is defined as all fee and interest income earned at year-end as a percentage of funds used.Assume the cost of funds to the bank is 8 percent.

A) 13.45 percent.
B) 13.57 percent.
C) 13.60 percent.
D) 13.72 percent.
E) 13.90 percent.