What is the rate of return for Apple from their form 10-K.
What numbers would you put in the formula?
Thanks
Solution: In order to calculate rate of return, we need to have initial value of investment and final value of investment in given period.
Formula for rate of return= (current or final value - initial value)/initial value *100
In the formula we need to put initial and final prices.
Here is the share price of Apple. We will calculate 1 year return.
Price in 2018= 359, price in 2017 = 242
Rate of return = ( 359 - 242) / 242 * 100 = 117/242 *100 = 48.35%
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