Value of Microsoft IPO was decided as $21 per share. On its first day it finished at $31.25.
So if you brought 100 shares at $21 each then you had invested $2100 hard earned money into Microsoft hoping for best to happen.
Microsoft has since had 9 splits for a total of 288x, so if we adjust split with IPO price then it would have been 21/288 = @0.073 & Your 100 shares would have become 28,800 shares. Which is lots of shares.
Photo: google.com
So as of Yesterday 30th May 2017, value of your 28,800 shares would be 28,800x70.41 = $2,027,808, Means in 29 years you would get $2,027,808 from $2100 which is 96562% return.
*This number does not account for accrued dividends or tax burdens.
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