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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

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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 $17.000 for 850 shares of Malte Company's common stock. She received a $604 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 $19,000. Kathy would like to earn a return of at least 10% on all of her investments. She is not sure whether the Malti Company stock provided a 10% return and would like some help with the necessary computations 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 10% return? Complete this question by entering your answers in the tabs below. Required 1 Required 2 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 dollar amount.) Net present value Home Required 2 > Kathy Myers tegently purchases stocks and boods but she is uncertain how to determine the rate of return that she is earning to example, three years ago she paid $17000 for 850 shares of Malti Company's common stock. She received a $604 cash cridend on the stock at the end of each year for three years. At the end of three years, she sold the stock for $19,000. Kathy would take to earn a return of at least 10% on all of her investments. She is not sure whether the Malt Company stock provided a 10% neturn and would like some help with the necessary computations Required: 1 Compute the net present value that Kathy eated on her investment in Malte Company stock 2 Did the Malt Company stock provide a 10% retum? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Did the Malti Company stock provide a 10% return? OYes ONO

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