Question: Over a 42-year period an asset had an arithmetic return of 12.9 percent and a geometric return of 10.8 percent. Using Blumes formula, what is

Over a 42-year period an asset had an arithmetic return of 12.9 percent and a geometric return of 10.8 percent.

Using Blumes formula, what is your best estimate of the future annual returns over 4 years? 10 years? 21 years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Future annual returns
4 years %
10 years %
21 years %

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