Chartered Financial Analyst Level 2
Get started today
Ultimate access to all questions.
Comments
Loading comments...
Ultimate access to all questions.
The coefficient estimates and t-statistics are as follows:
| Coefficient | t-Statistic |
|---|---|
| Intercept | 0.025 |
| EarnGrowth_{t-1} | -0.320 |
| EarnGrowth_{t-4} | 0.850 |
If the earnings growth was 2% in the most recent quarter and 3% four quarters ago, the predicted earnings growth for the current quarter is closest to: