You have found an asset with an arithmetic average return of 1 3 . 3 0 percent
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You have found an asset with an arithmetic average return of percent and a geometric average return of percent. Yourobservation period is years. What is your best estimate of the return of the asset over the next years? years? years?Note: Do not round intermediate calculations. Enter your answers as a percent rounded to decimal places.
Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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