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Hi! Please help to answer this: An analyst predicted last year that the stock of Logistics, Inc. would offer a total return of at least
Hi! Please help to answer this:
An analyst predicted last year that the stock of Logistics, Inc. would offer a total return of at least 10% in the coming year. At the beginning of the year, the firm had a stock market value of 10 million. At the end of the year, it had a market value of 12 million even though it experienced a loss, or negative net income, of 2.5 million.
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