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HIBIT 1461 Prevat Valae of 51;11+x21 XIIBT 1482 rewent Vahe of an Anuity of $1 is Arrears; r1[1=(1+r)21] Kathy Myers frequently purchases stocks and bonds,

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HIBIT 1461 Prevat Valae of 51;11+x21 XIIBT 1482 rewent Vahe of an Anuity of $1 is Arrears; r1[1=(1+r)21] 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 Malt 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 Malt Company stock provide a 9% return and would like some help with the necessary computations. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: : 1. Compute the net present value that Kathy earned on her investment in Malti Company stock. 2. Did the Malti Company stock provide a 9% return? Complete this question by entering your answers in the tabs below. Compute the net present value that Kathy earned on her investment in Malti Company stock. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole doltar amount.) 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 Malt Company's common stock. She received 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 Malt Company stock provide a 9% return and would like some help with the necessary computations. Click here to view Exhibit 148-1 and Exhibit 148-2, to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value that Kathy earned on her investment in Malti Company stock. 2. Did the Malti Company stock provide a 9% return? Complete this question by entering your answers in the tabs below. Did the Malt Company stock provide a 9% return

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