show work please

6 pts Suppose you buy 500 shares of Kendall Industries stock on 58% margin when it is selling at $35 a share. The broker charges a 4 percent annual interest rate and commissions are 3 percent of the total stock value on both the purchase and the sale. If at year end you receive a $1.50 per share dividend and sell the stock for $40, what is your rate of return on equity? Show all work. Edit View Insert Format Tools Table 12pt Paragraph BIU A -3