16. Forecasting Returns (LO1) You have found an asset with a 12.60 percent arithmetic average return and

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16. Forecasting Returns (LO1) You have found an asset with a 12.60 percent arithmetic average return and a 10.24 percent geometric return. Your observation period is 40 years. What is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years?

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Fundamentals Of Investments Valuation And Management

ISBN: 9781260013979

9th Edition

Authors: Bradford Jordan, Thomas Miller, Steve Dolvin

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