Suppose the following equation best describes the evolution of β over time:
Β_t= 0.18 + 0.63β_t-1
If a stock had a β of 1.09 last year,you would forecast the β to be _______ in the coming year.

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The Answer of Suppose the following equation best describes the evolution of β over time: Β_t= 0.18 + 0.63β_t-1 If a stock had a β of 1.09 last year,you would forecast the β to be _______ in the coming year. A)0.87 B)0.18 C)0.63 D)0.81 E)none of the above

Suppose the Following Equation Best Describes the Evolution of β