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Over a 40-year period an asset had an arithmetic return of 11.6 percent and a geometric return of 9.5 percent Using Blume's formula, what is
Over a 40-year period an asset had an arithmetic return of 11.6 percent and a geometric return of 9.5 percent Using Blume's formula, what is your best estimate of the future annual returns over 5 years? 10 years? 20 years? (Do not round Intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.g., 32.16.) 96 5 years 10 years 20 years 96 %%
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