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2014 2015 2016 2017 2018 Cole's earnings $1.97 1.71 -0.98 1.19 1.33 Required a) Based on the above data calculate forecast earning for FY 2019

2014

2015

2016

2017

2018

Cole's earnings

$1.97

1.71

-0.98

1.19

1.33

Required

a) Based on the above data calculate forecast earning for FY 2019 using mean reverting model

b) Based on the above data calculate forecast earning for FY 2020 using mean reverting model

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