Question: 4. Suppose that arithmetic average return 15% and geometric average return 18% from 20 years of annual return data calculate the average return forecast for

 4. Suppose that arithmetic average return 15% and geometric average return

4. Suppose that arithmetic average return 15% and geometric average return 18% from 20 years of annual return data calculate the average return forecast for year 8 based on Blumes formula: (c1) (1 Point) 11% 13% 4% 16%

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