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Let ye be a stock price observed at some consecutive days t = 1, 2, ..,100. The analyst estimates a model as Ay, = 1

Let ye be a stock price observed at some consecutive days t = 1, 2, ..,100. The analyst estimates a model as Ay, = 1 + 0.5y-1. Given y100 = 2 she can forecast 101 - 10o att = 101 to be: O a. 99 O b. 103 O c. 2. O d. 1 O e. 4

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