Over a 40-year period, an asset had an arithmetic return of 12.8 percent and a geometric return

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Over a 40-year period, an asset had an arithmetic return of 12.8 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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Fundamentals Of Corporate Finance

ISBN: 9781265553609

13th Edition

Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan

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Question Posted: Aug 24, 2021 06:26 AM

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Over a 40-year period, an asset had an arithmetic return of 12.8 percent and a geometric return

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Fundamentals Of Corporate Finance

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