Question: Over a 91-year period, an asset had an arithmetic return of 10.5 percent and a geometric return of 8.9 percent. What is your best estimate
Over a 91-year period, an asset had an arithmetic return of 10.5 percent and a geometric return of 8.9 percent. What is your best estimate of the future annual returns over 25 years using Blume's formula? Multiple Choice 3:19 1660 o 14.90 1007
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