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please help Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the rate of return that she is earning. For
please help
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 $18,000 for 800 shares of Malti Company's common stock. She received a $560 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 $20,000. Kathy would like to eam a return of at least 10% on all of her investments. She is not sure whether the Molt Company stock provide a 10% return and would like some help with the necessary computations Click here to view Exhibit 120.1 and Exhibit 120.2. to determine the appropriate discount factor(s) using tables. Required: 1 Compute the net present value that Kathy earned on her investment in Malte 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 amount should be indicated by a minus sign. Round your al answer to the nearest whole dollar amount) Net present value Required 2 > Beld View Exhibit 128-1 and Exhibit 128-2. to determine the appropriate discount factors) using tables. Required: 1. Compute the net present value that Kathy eamed on her investment in Malt 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 Old the Malti Company stock provide a 10% return? Yes ON (Required Step by Step Solution
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