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You have found an asset with an arithmetic average return of 1 3 . 7 0 percent and a geometric average return of 1 0

You have found an asset with an arithmetic average return of 13.70 percent and a geometric average return of 10.46 percent. Your observation period is 30 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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