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A stock recently has been estimated to have a beta of 1.38: a. What will a beta book compute as the adjusted beta of this

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A stock recently has been estimated to have a beta of 1.38: 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 = 0.2 + 0.8Bt-1 What would be your predicted beta for next year? (Do not round intermediate calculations. Round your answer to 3 decimal places.) Predicted beta

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