This question arose from the proof of proposition $1.11(e)$ in chapter $8$ of John B. Conway's A Course in Functional Analysis. This portion of the proposition can be stated:
Let $\mathscr{A}$ be a $C^*$-algebra, and let $a\in\mathscr{A}$ be given. If $a=a^*$, then $\|a\|=r(a)$.
(Here, $r(a)$ denotes the spectral radius of $a$.)
The proof, as stated in the book, proceeds as follows:
Since $a^*=a$, $\|a^2\|=\|a^*a\|=\|a\|^2$; by induction, $\|a^{2n}\|=\|a\|^{2n}$ for $n\geq1$ That is, $\|a^{2n}\|^{1/2n}=\|a\|$ for $n\geq1$. Hence $r(a)=\lim\|a^{2n}\|^{1/2n}=\|a\|$.
Now I was able to show by induction that $$ \|a^{2^n}\|=\|a\|^{2^n} \qquad (n\geq1),$$ from which the result follows, but I could not prove it as it is stated in the book.
So my question is: How can we prove (presumably by induction) that $\|a^{2n}\|^{1/2n}=\|a\|$ for $n\geq1$? Is this simply an error in the book, or can it be done?
This was corrected in a later edition ...