Blumes Formula Over a 30-year period an asset had an arithmetic return of 12 per cent and

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Blume’s Formula Over a 30-year period an asset had an arithmetic return of 12 per cent and a geometric return of 10 per cent. Using Blume’s formula, what is your best estimate of the future annual returns over five years? 10 years? 20 years?

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Corporate Finance

ISBN: 9781526848093

4th Edition

Authors: David Hillier

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