Q. An analyst predicted last year which 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 industry 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 analyst's prediction prove correct? Explain using the values of total annual return.