Look up Apple (AAPL) at https://finance.yahoo.com/. Enter “AAPL” into the “Look Up” box. Use the ‘Historical Prices’ link on the left side of the page to find the “adjusted closing” price to answer the following questions.
If you bought 100 common shares on 5 Oct 2004 at the close of trading, how much did you pay in total (Use the “Adj Closing” price and ignore commissions)? $________________
If you sold all your shares on October 21, 2013 at the adjusted closing price, how much was: Your total capital gain? $______________
What was your total rate of return on your investment? ____________________%
What is your annualized rate of return on this stock (Assume you held it for 8.5 years in total)? ___________________%