2.00 points Exercise 11-8 Basic Net Present Value Analysis LO11-2] 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 $22,500 for 850 shares of Malti s common stock. She received a $765 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 eam a return of at least 10% on all of her investments. She is not sure whether the Malti Company stock provided a 10% return and would like some help with the necessary computations (Ignore income taxes) Click here to view Exhibit 11B-1 and Exhibit 118-2, to determine the appropriate discount factorusing tables. Required a. Determine the net present value. (Round your answer to the nearest whole dollar.) 629 b. Did Kathy Myers eam 10% return on her investment? O No 2 3 MacBook Pro