b. You have found an asset with an arithmetic average return of 13.80 percent and a geometric average return of 10.48 percent. Your observation period is 30 years. What is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years? 5 years 10 years 20 years

c. A stock has returns of 4 percent, 10 percent, 7 percent, 15 percent, and 7 percent. What are the arithmetic and geometric returns?

d.

A stock has had the following year-end prices and dividends:

Year	Price			Dividend
0	$	17
1		19.18		$	0.15
2		20.18			0.37
3		18.68			0.39
4		21.02			0.40
5		24.13			0.47

What are the arithmetic and geometric returns for the stock? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)