Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

I have 3 stocks, Netflix (NFLX), Comcast (CMCSA), and Johnson & Johnson (JNJ) NLFX - initially bought 200 shares at $466.58 (invested on 9/11/2020) -

I have 3 stocks, Netflix (NFLX), Comcast (CMCSA), and Johnson & Johnson (JNJ) NLFX - initially bought 200 shares at $466.58 (invested on 9/11/2020) - as of 10/25/2020 NFLX price is at $488.28 (I still have 200 shares)

CMCSA - initially bought 200 shares at $44.75 (invested on 9/11/2020) - as of 10/25/2020 CMCSA price is at $45.06 (I still have 200 shares)

JNJ - initially bought 200 shares at $147.78 (invested on 9/11/2020) - as of 10/25/2020 JNJ price is at $145.24 (I still have the 200 shares)

On 9/11/2020 my portfolio stood at $131,822, as of today, 10/25/2020 my portfolio stands at $135,716.00

The help I massive need is:

  • Compute my final rate of return on your stock portfolio using the start date of the project (9/11/2020) and (as the end date, 10/25/2020) Be sure to include an "as of" date.
    • Would someone please be able to get the rates of each individual stock from 9/11/2020 compared to 10/25/2020
    • Would someone be able to give me my final rate of return on my entire stock portfolio from 9/11/2020 to 10/25/2020

Thank you in advance.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions