Question
Using 25 years of data, you estimate the arithmetic average return for a certain stock to be 5.8% and the geometric average return to be
Using 25 years of data, you estimate the arithmetic average return for a certain stock to be 5.8% and the geometric average return to be 4.9%. Using Blume's formula, what is your average forecasted return over a 6 year period?
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Creating Financial Value A Guide For Senior Executives With No Finance Background
Authors: Malcolm Allitt
1st Edition
1472922719, 978-1472922717
