Over a 30-year period an asset had an arithmetic return of 11.2 percent and a geometric return

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Over a 30-year period an asset had an arithmetic return of 11.2 percent and a geometric return of 9.7 percent. Using Blume’s formula, what is your best estimate of the future annual returns over 5 years? 10 years? 20 years?

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Corporate Finance Core Principles and Applications

ISBN: 978-1259289903

5th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Apr 03, 2018 07:39 AM

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Over a 30-year period an asset had an arithmetic return of 11.2 percent and a geometric return

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Corporate Finance Core Principles and Applications

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