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An asset has had an arithmetic return of 10.6 percent and a geometric return of 8.6 percent over the last 82 years. What return would
An asset has had an arithmetic return of 10.6 percent and a geometric return of 8.6 percent over the last 82 years. What return would you estimate for this asset over the next 5 years? 19 years? 26 years?
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