Over the past 12 years, the common stock of The Flower Shoppe has produced an arithmetic average return of 12.6 percent and a geometric average return of 12.3 percent. What is the projected return on this stock for the next five years according to Blume's formula

Return for next 5 year = 12.49%

Explanation:

N = number of forward years

T = number of past years

Blume's formula = ((Next n years - 1)/ Past T years - 1) * Geometric return + (N-T)/(N-1)* Arithmetic Average

Return for next 5 year = (5-1/12-1) * 0.123 + (12-5/12-1) * 0.126

Return for next 5 year = (4/11) * 0.123 + (7/11) * 0.126

Return for next 5 year = 0.04473 + 0.08018

Return for next 5 year = 0.12491

Return for next 5 year = 12.49%

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

in terms of experimental research, mcdonald’s charging different prices in the two cities relates to