Question
Over a 34-year period an asset had an arithmetic return of 13 percent and a geometric return of 10.5 percent. Using Blume's formula, what is
Over a 34-year period an asset had an arithmetic return of 13 percent and a geometric return of 10.5 percent. Using Blume's formula, what is your best estimate of the future annual returns over the next 10 years?
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Foundations of the Legal Environment of Business
Authors: Marianne M. Jennings
3rd edition
130511745X, 978-1305465251, 1305465253, 978-1305117457
