An analyst predicated last year that the stock for 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. Did the analysts prediction prove correct? Explain using the values for total annual return.
Financial math question?
- Thread starter j_m_w2005
- Start date