6 Exercise 13-10 Net Present Value Analysis (LO13-2] 12.5 points 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 Malti Company's common stock. She received 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 provided a 7% return and would like some help with the necessary computations. & 04:52:45 Click here to view Exhibit 13B-1 and Exhibit 13B-2, to determine the appropriate discount factor(s) using tables. eBook Required: 1. Compute the net present value that Kathy earned on her investment in Malti Company stock. 2. Did the Malti Company stock provide a 7% return? Hint Complete this question by entering your answers in the tabs below. Print Required 1 Required 2 References Compute the net present value that Kathy earned on her investment in Malti Company stock. (Negative amounts should be indicated by a minus sign. Round your final answer to the nearest whole dollar amount.) Net present value