Alpha and Beta Companies can borrow for a five-year term at the following rates: Alpha Beta Baa Moody's credit rating Fixed-rate borrowing cost Floating-rate borrowing cost 9.7% 12.0% LIBOR LIBOR +0.9% If there is a swap bank involved and earns 20% of the swap's total benefit. Alpha wants to borrow through floating debts and desires 70% of the total benefit from the swap, and Beta takes the rest of the swap benefit. What is the all-in-cost for Beta through the swap? (if your answer is 10.1%, just enter "10.1")