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DELIVERABLES: Respond to the following Cases: Case 1 ( Chapter 4 - P 4 . 6 ) : Rate of Return Below are the prices

DELIVERABLES: Respond to the following Cases:
Case 1(Chapter 4- P4.6): Rate of Return
Below are the prices on the first and last day of the year for Netflix common stock for
several recent years.
Netflix paid no dividends over this period. Calculate the return that an investor would
have earned in each calendar year. What is the average of these annual returns?
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