In an Excel spreadsheet, detail the returns on five selected stocks (Netflix, Amazon, Starbucks, Microsoft,...
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Finance
- In an Excel spreadsheet, detail the returns on five selected stocks (Netflix, Amazon, Starbucks, Microsoft, American Airlines). Determine their yearly expected return from finance.yahoo.com.
- Calculate how much will you need to invest monthly in each stock.
- With the monthly payment, calculate the yearly total of investment for each stock (# x 12)
- With this number, calculate the total yearly investment (the sum of the 5 stocks) A+B+C+D+E
- Compare the amount to this retirement plan of $95,423. WIll you need more money? Will you be economically solvent?
****Presume you would invest 20% equally in these stocks and average the return.
You will need to calculate monthly payments. Retirement period 27 years (324 months). Use a TVM calculator for the monthly investment for each stock. For compounded select *monthly, for future value (FV) insert $19.084.6 ($95, 423 - 20% = 19,084.6 ) this number is the investment for each stock
please make sure to calculate it properly. Assume a 5-year rate return.
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