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Using Goal Seek

Sometimes you'll know the desired result of a problem before you know a crucial piece needed to reach that result. For example, say you hold 200 shares of stock that you bought at $52 a share. You've told yourself you're going to hold onto the stock until your earnings on it reach $100,000. You know what the end result should be ($100,000), but you don't know what price the stock needs to reach to make your earnings equal $100,000. One of the variables, in this case the desired stock price, is unknown.


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