A stock's price per share is $20. A shareholder invests $5,000 in the stock. The shareholder borrows enough money, so that his debt/equity ratio is 1.25. The firm earns $3.50 per share in 1 year. The shareholder pays 8% annual interest on its borrowing. What is the shareholders Return on Equity? Multiple Choice 11.88% 13.06% 31.38% 29.38%