On January 2, 2014, Judy Smith purchased 700 shares of New Telecommunications common stock at $34 per share. The company paid a $1.25 dividend per share on December 28 of that year, and raised the amount by $0.25 per share for a distribution on December 28, 2015. Judy sold her investment on December 30, 2015, generating a $4,000 gain on the sale of stock.

Required:

A. Prepare a dated listing of the cash inflows and outflows related to Judy's stock investment. Ignore income taxes.

B. Assume that Judy has a 8% hurdle rate for all investments. Rounding to the nearest dollar, compute the net present value of her investment in New and determine whether she achieved her 8% goal.