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Total Rate of returnYou wish to calculate the total rate of return for General Electric (GE) and Netflix (NFLX). A year earlier, a share of
Total Rate of returnYou 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
$10.47,
and a share of
NFLX
stock sold for
$345.24.
During the year,
GE
paid dividends totaling
$0.27
per share, while
NFLX
did not pay any dividends. The current stock prices for
GE
and
NFLX
are
$5.63
and
$439.84,
respectively. Calculate the total return in dollars and on a percentage basis for both investments.
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