KHK LBO SPECIALISTS PLAN TO BUY ABC COMPANY WHICH HAS $5\mathrm{.}0$ MILLION SHARES OUTSTANDING.

KHK HAS OFFERED $$15\mathrm{.}00$ PER SHARE WHICH WILL BE ACCEPTED AS IT IS CURRENTLY TRADING AT $$10\mathrm{.}00$ PER SHARE.

KHK HAS ARRANGED AN $8\%$ BANK LOAN TO FINANCE $80\%$ OF THE ENTIRE TRANSACTION.

IF KHK CAN SELL THE $5\mathrm{.}0$ MILLION ABC SHARES ONE YEAR FROM NOW @ $$20\mathrm{.}00$ PER SHARE $($AT SAME TIME REPAYS BANK$)$ WHAT WILL BE HIS RATE OF RETURN?