A stock recently has been estimated to have a beta of 1.16: a. What will a beta book compute as the adjusted beta of this stock? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Adjusted beta b. Suppose that you estimate the following regression describing the evolution of beta over time: t = 0.6 + 0. .4t-1 What would be your predicted beta for next year? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Predicted beta