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Suppose the following equation best describes the evolution of BETA over time: B(t)= .3+.07B(t)-1 If a stock had a BETA of .82 last year, you
Suppose the following equation best describes the evolution of BETA over time: B(t)= .3+.07B(t)-1 If a stock had a BETA of .82 last year, you would forecast BETA to be _______ This coming year. .87 .6...
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