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Problem 8-15 A stock recently has been estimated to have a beta of 1.36: a. What will a beta book compute as the adjusted beta

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Problem 8-15 A stock recently has been estimated to have a beta of 1.36: 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 = 0.3 + 0.7Bt-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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