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Question 10 The following table shows the annual returns of the Dow Jones Industrial A Year Dow Jones Industrial Average 2015 -2.23% 2016 13.42% 2017

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Question 10 The following table shows the annual returns of the Dow Jones Industrial A Year Dow Jones Industrial Average 2015 -2.23% 2016 13.42% 2017 25.08% 2018 -5.63% 2019 22.34% 2020 7.25% According to the Blume's formula, what is the 3-year average return forecast? a. 10.04% b.9.63% c. 9.43% d. 9.80%

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