One year ago, Ms. Investor purchased 500 shares of stock on margin at a price per share of $36. The initial margin requirment on her account is 70 percent and the maintenance margin is 40 percent. The annualized call money rate is 3.50% per annum, and based on her credit risk, she pays 150 basis points of spread. Today, she sold these shares for $37.50 each. The stock paid a dividend of $0.25 over this year. What is her annualized holding period rate of return? Also, assume that Ms. Investor never received a margin call and interest on dividend income in this one year.