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 $17,000 for 910 shares of Malti Company's common stock. She received a $701 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 $16,000. Kathy would like to earn a return of at least 9% on all of her investments. She is not sure whether the Malti Company stock provided a 9% return and would like some help with the necessary computations. (Ignore income taxes.) Click here to view Exhibit 11B-1 and Exhibit 11B-2, to determine the appropriate discount factor(s) using tables. R bitemine the net present value Round your answer to the nearest whole dollr) Required: Net present value b. Did Kathy Myers earn 9% return on her investment? Yes ONo