Mrs Hanim wants to use the margin trading services offered by Kenanga Securities. The interest rate on margin loan will be 8% annually. Kenanga securities has set margin requirement of 70% and investor has to maintain the margin above 50% or otherwise there might be a margin call. Currently the market price of stock for WMF is RM3.50 and Mrs Hanim decided to buy 20 lots of them. The company had given out dividend RM0.50 per share a year before stock issuance. The commission fees, stamp duty and clearing fees totaled to 1.5% of the transaction value.

What is the rate of return on her investment after holding a year and decided to sell it as the stock price goes to RM8.00 per share.