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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
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 $8.75, and a share of NFLX sold for $367.84. During the year, GE paid dividends totaling $0.45 per share, while NFLX did not pay any on dividends. The current stock prices for GE and NFLX are $6.63 and $449.53, respectively. Calculate the total return in dollars on a percentage basis for both investments
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