If you invested $1,000 in Netflix stock ten years ago, what would it be worth now?

A.
$3,098

B.
$6,232

C.
$14,267

1 answer

To determine the value of a $1,000 investment in Netflix stock from ten years ago, we need the historical stock price data for Netflix. Without access to real-time financial databases, I can guide you on how to find this information, but I cannot give you an exact current value.

You would typically do the following:

  1. Find the stock price of Netflix (NFLX) ten years ago (around October 2013).
  2. Find the current stock price of Netflix (as of October 2023).
  3. Calculate the return on investment by dividing the current stock price by the price from ten years ago and then multiplying that by the initial investment of $1,000.

However, since the question provides specific options, and knowing that Netflix has had significant growth over the past decade, it is likely that the investment has grown substantially. The value of $6,232 seems plausible given Netflix's growth pattern, but without exact numbers, I can't accurately confirm which option is correct based purely on estimates.

For the most accurate answer, please check a financial website or stock market database to obtain the historical stock prices for Netflix, then perform the calculation accordingly.