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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 $23,000 for 970 shares of Malti Company's common stock. She received a $805 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 $21,000. Kathy would like to eam a return of at least 10% on all of her investments. She is not sure whether the Malte 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 Maltl Company stock 2. Did the Malt 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 Malt Company stock. (Negative amounts should be indicated by a minus sign Round your final answer to the nearest whole dollar amount.) Net present value Required 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 $23,000 for 970 shares of Malti Company's common stock. She received a $805 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 $21,000. Kathy would like to earn a return of at least 10% on all of her investments. She is not sure whether the Malte Company stock provided a 10% return and would like some help with the necessary computations Required: 1. Compute the net present value that Kathy eared on her investment in Maltl Company stock. 2. Did the Malt Company stock provide a 10% return? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Did the Malti mpany stock provide a 10% return? Ores ON

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