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buucatioh.com/flow/connect.html Chapter 13 Homework Assignment Seved Help 9 Exercise 13-10 Net Present Value Analysis [L013-2) Kathy Myers frequently purchases stocks and bonds, but she is
buucatioh.com/flow/connect.html Chapter 13 Homework Assignment Seved Help 9 Exercise 13-10 Net Present Value Analysis [L013-2) Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the rate of return that she is earning. For example, three years ago she paid $22,000 for 900 shares of Malti Company's common stock. She recelved a $684 cash dividend on the stock at the end of each year for three years. At the end of three years, she sold the stock for $22.000. Kathy would like to earn a return of at least 9% on all of her investments. She is not sure whether the Malti Company stock provided a 9% return and would like 172 points some help with the necessary computations BookClick here to view Exhibit 138-1 and Exhibit 138 2. to determine the appropriate discount factorfs) using tables 1. Compute the net present value that Kathy earned on her investment in Maiti Company stock. 2. Did the Matti Company stock provide a 9% return? Hint Print Complete this question by entering your answers in the tabs below. References Required 1 | Required 2 Compute the net present value that Kathy earned on her investment in Maiti Company stock. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Required 2> Next Prex 9ot 9
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