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Forecasting Returns (LO1) You have found an asset with 14.40 percent arithmetic average return and a 10.60 percent geometric return. Your observation period is 25
Forecasting Returns (LO1) You have found an asset with 14.40 percent arithmetic average return and a 10.60 percent geometric return. Your observation period is 25 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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