Suppose the call money rate is $6\mathrm{.}8$ percent, and you pay a spread of $1\mathrm{.}9$ percent over that. You buy $500$ shares at $$35$ per share with an initial margin of $30$ percent. One year later, the stock is selling for $$40$ per share, and you close out your position. What is your return assuming no dividends are paid? $($Round your answer to $2$ decimal places. Omit the $"\%"$ sign in your response.$)$

Rate of return

$\%$