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 $$33,000$ for $880$ shares of Maiti Company's common stock. She recelved a $$818$ 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 $$32,000.$ Kathy would like to earn a return of at least $7\%$ on all of her investments. She is not sure whether the Malti Company stock provide a $7\%$ return and would like some help with the necessary computations.

Click here to view Exhibit $7B-1$ and Exhibit $7B-2,$ to determine the.

Required:

Compute the net present value that Kathy earried on her investment in Malti Company stock.

Did the Malti Company stock provide a $7\%$ return?

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Compute the net present value that Kathy earned on her investment in Malti Company stock.

Note: Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount