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Q2. (60pts) Predictability 1. (20pts) Run the following OLS regression Adith = an + Bnpd, +Eith (1) for h E {1, 2, 3, 4,5} using
Q2. (60pts) Predictability 1. (20pts) Run the following OLS regression Adith = an + Bnpd, +Eith (1) for h E {1, 2, 3, 4,5} using the most available sample. For example, Ad,+5 is available from 1953 to 2020 whereas pd, is available from 1948 to 2015. Report the estimate of Br and the implied R2 value for each h
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Survey of Accounting
Authors: Thomas Edmonds, Christopher, Philip Olds, Frances McNair, Bor
4th edition
77862376, 978-0077862374
