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LG 1 E8-1 An analyst predicted last year that the stock of Logistics, Inc., would offer a total return of at least 10% in the

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LG 1 E8-1 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. Did the ana- lyst's prediction prove correct? Explain using the values for total annual return

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