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 $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?
Complete this question by entering your answers in the tabs below.
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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