You found an asset with a 13.60 percent arithmetic average return and a 11.25 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? (Use the Blumes formula).

Group of answer choices

11.25 percent; 12.72 percent; 13.21 percent

12.72 percent; 13.21 percent; 14.12 percent

13.60 percent; 12.72 percent; 11.25 percent

13.21 percent; 12.72 percent; 11.74 percent

13.21 percent; 12.72 percent; 11.25 percent