I am currently confused about these questions. please help me to figure out these questions. thanks

Assume that a stock is priced at $25 and pays an annual dividend of $1 per share. A. Assume that an investor purchases the stock paying 100% cash. After one year, the investor sells the stock for $32.75 per share (after collecting the dividend). The percentage return on this investment was B. Assume that an investor purchases the stock on margin, paying $15 per share and borrowing the remainder from the brokerage rm with a 10% annual interest rate. After one year, the investor sells the stock for $32.75 per share (after collecting the dividend). The percentage return on this investment was C. If the market is efcient, will any rational investor buy stocks on margin? If so, which investors will do this? If not, why not