What is your best estimate of the future annual returns

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Question: Over a 44-year period an asset had an arithmetic return of 13 percent and a geometric return of 10.9 percent.

Using Blume's formula, what is your best estimate of the future annual returns over 5 years? 11 years? 22 years? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.)

Reference no: EM131928122

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