0 Exercise 14-10 (Algo) Net Present Value Analysis (LO14-2) 02012 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 $19,000 for 930 shares of Malti Company's common stock. She received a $735 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 $22,000. Kathy would like to earn a return of at least 17% on all of her investments. She is not sure whether the Malt Company stock provide a 17% return and would like some help with the necessary computations, Click here to view Exhibit 148-1 and Exhibit 148-2. to determine the appropriate discount factor(s) using tables. Required: 1. Compute the net present value that Kathy earned on her investment in Malti Company stock. 2. Did the Malt Company stock provide a 17% return? Jook int Complete this question by entering your answers in the tabs below. int Required 1 Required 2 rences Compute the net present value that Kathy earned on her investment in Malt Company stock. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net procent value Required 2 >