Kathy Myers frequently purchases stocks and bonds, but she is uncertain how to determine the rate of
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Question:
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 $ for shares of Malti Companys common stock. She received a $ 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 $ Kathy would like to earn a return of at least on all of her investments. She is not sure whether the Malti Company stock provide a return and would like some help with the necessary computations.
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