In: Finance
You invested 10,000 in Netflix on July 27th and need to calculate your return on investment on September 17th. The stock price on July 27th was 495.65 and the price on September 17th was 470.20. Calculate investment return both in dollars and percentage.
Investment Returns in:
A. Dollars: -$513.47
B. Percentage: -5.13%
NOTE: The answer is based on the assumption that the whole $10000 was invested. In reality, only 20 shares could've been bought and therefore only $9913 could have been invested.
NOTE: The various Demat Account charges are not taken into consideration.