. Netflix shares traded for $1.21 in 2002. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares? b. Netflix shares traded for $339.10 in 2019. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares?

. Netflix shares traded for $1.21 in 2002. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares? b. Netflix shares traded for $339.10 in 2019. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares?

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 7FPE: Using the Value Line Investment Survey report in Exhibit 11.5, find the following information for...

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Concept explainers

Stockholder's Equity

The stockholders’ equity (often referred to as the book value of the company) is the number of assets available to the stockholder after its entire liabilities is paid off. The stockholders’ equity is also sometimes referred to as owner's equity. The stockholders’ equity or book value generally includes common stock, treasury stock retained earnings. It is an indicator of a company's financial strength and is an important item on the company's balance sheet.

Question

a. Netflix shares traded for $1.21 in 2002. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares?

b. Netflix shares traded for $339.10 in 2019. In 2021, Netflix shares traded at $681.17. What is the internal rate of return of Netflix shares?

Definition Definition Discount rate of a project wherein its net present value equals zero. Internal rate of return equates the present value of future cash flows with the initial investments. Internal rate of return helps to determine nominal cash flows.

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