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Year P4.6 (similar to) Question Help Below are the prices on the first and last day of the year for Netflix common stock for several

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Year P4.6 (similar to) Question Help Below are the prices on the first and last day of the year for Netflix common stock for several recent years, First Day Last Day 2017 $124.96 $191.96 2016 109.00 123.80 2015 49.15 114.38 2014 52.40 48.80 (Click on the icon here in order to copy the contents of the data table above into a spreadsheet.) 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? Next, calculate the average annual growth rate in Netflix stock from the first day of 2014 to the last day of 2017. Compare these two answers. Click the icon to see the Worked Solution The rate of retum for 2017 - % (Enter as a percentage and round to the nearest whole percent.)

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