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You have found an asset with a 13.10 percent arithmetic average return and a 10.34 percent geometric return. Your observation period is 40 years. What
You have found an asset with a 13.10 percent arithmetic average return and a 10.34 percent geometric return. Your observation period is 40 years. What is your best estimate of the return of the asset over the next 5 years? 10 years? 20 years
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