Forecasting Returns Over a 30-year period, an asset had an arithmetic return of 12.8 percent and a
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Forecasting Returns Over a 30-year period, an asset had an arithmetic return of 12.8 percent and a geometric return of 10.7 percent. Using Blume’s formula, what is your best estimate of the future annual returns 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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