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Assume the following information about a firm s investment in a marketable equity security. Cost of the investment when purchased ( at the beginning of

Assume the following information about a firms investment in a marketable equity security.

Cost of the investment when purchased (at the beginning of Year 1)= $10
Market value of investment at end of Year 1= $18
Market value of investment at end of Year 2= $8
Investors % ownership of investee =20%
Investees earnings for Year 1= $50
Investees total dividend payments for Year 1= $10
Investees earnings for Year 2(loss)=-$20
Investees total dividend payments for Year 2= $10
 If the firm (the investor) is an active investor with significant influence, the total effect on the firms net income from its investment for the second year is what ? Calculate. 

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