An asset has had an arithmetic return of 102 percent and a


An asset has had an arithmetic return of 10.2 percent and a geometric return of 8.2 percent over the last 88 years. What return would you estimate for this asset over the next 9 years? 24 years? 40 years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) Future annual returns 9 years= %?

24 years =%?

40 years= %?

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Financial Management: An asset has had an arithmetic return of 102 percent and a
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