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11.11 points 7 eBook Problem 12-21 Blume's Formula [LO1, 2] An asset has had an arithmetic return of 11.1 percent and a geometric return
11.11 points 7 eBook Problem 12-21 Blume's Formula [LO1, 2] An asset has had an arithmetic return of 11.1 percent and a geometric return of 9.1 percent over the last 70 years. What return would you estimate for this asset over the next 10 years? 24 years? 31 years? (Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 10 years Hint 24 years % Print 31 years % References
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