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Question
The geometric return on an asset over the past 12 years has been 13.47 percent. The arithmetic return over the same period was 13.86 percent. What is the best estimate of the average return on this asset over the next 5 years?A. 13.47 percent
B. 13.67 percent
C. 13.72 percent
D. 13.81 percent
E. 13.86 percent
Answer
This answer is hidden. It contains 75 characters.
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