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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
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 $10.99, and a share of NFLX stock sold for $360.72. During the year, GE paid dividends totaling $0.34 per share, while NFLX did not pay any dividends. The current stock prices for GE and NFLX are $5.14 and $430.72, respectively. Calculate the total return in dollars and on a percentage basis for both investments. GE's total return is $ (Round to the nearest cent.) NFLX's total return is $. (Round to the nearest cent.) GE's total rate of return is %. (Round to two decimal places.) NFLX's total rate of return is %. (Round to two decimal places.)
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