Total rate of return You wish to calculate the total rate of return for General Electric (GE)
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Total rate of return You wish to calculate the total rate of return for General Electric (GE) and Netflix (NFLX). A year earlier, a share of GE stock sold for $10, and a share of Netflix stock sold for $354.45. During the year, GE paid dividends totaling $0.16 per share, while Netflix did not pay any dividends. The current stock prices for GE and Netflix are $5.79 and $438.27, respectively. Calculate the total return in dollars and on a percentage basis for both investments.
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Related Book For
Principles Of Managerial Finance
ISBN: 9781292400648
16th Global Edition
Authors: Chad Zutter, Scott Smart
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