Suppose the following equation best describes the evolution of β over time:β_t = 0.3 + 0.2β_t ₋₁If a stock had a β of 0.8 last year, you would forecast the β to be _______ in the coming year. A) 0.46 B) 0.60 C) 0.70 D) 0.94

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The Answer of Suppose the following equation best describes the evolution of β over time:β_t = 0.3 + 0.2β_t ₋₁If a stock had a β of 0.8 last year, you would forecast the β to be _______ in the coming year. A) 0.46 B) 0.60 C) 0.70 D) 0.94

Suppose the Following Equation Best Describes the Evolution of β