Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the...
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Accounting
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 $ for shares of Maiti Company's common stock. She recelved a $ 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 $ Kathy would like to earn a return of at least on all of her investments. She is not sure whether the Malti Company stock provide a return and would like some help with the necessary computations.
Click here to view Exhibit and Exhibit 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 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
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