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You have found an asset with an arithmetic average return of 13.10 percent and a geometric average return of 10.34 percent. Your observation period is

You have found an asset with an arithmetic average return of 13.10 percent and a geometric average return of 10.34 percent. 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?

Note: Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.

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