Business Finance Homework Help

Portfolio 6: 3M, CVS, Netflix

• Use Yahoo Finance to find the data each stock’s opening price on January 3, 2017, its unadjusted closing price on December 29, 2017, and the trailing annual dividend rate (if your stock pays a dividend). Use this information to find the holding period return for each stock.
• Next, assume that you purchased 1,000 shares of each of your stocks at their opening prices on January 3, 2017. Use this information to determine the percentage each stock contributes to your portfolio.
• Find the expected return on your portfolio using the holding period returns and percentages you’ve calculated. Based on the expected return on your portfolio, would you buy these stocks? Why or why not?Fin