Over a 40-year period an asset had an arithmetic return of
Over a 40-year period an asset had an arithmetic return of 12.5 percent and a geometric return of 10.4 percent. Using Blume’s formula, what is your best estimate of the future annual returns over 7 years? 11 years? 20 years?
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yoursquove observed the following returns on crash-n-burn computerrsquos stock over the past five years 17 percent
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over a 40-year period an asset had an arithmetic return of 125 percent and a geometric return of 104 percent using
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