Question: Consider a GARCH model with parameter estimates given by: Parameter Estimate 0.91 0.04 0.07 Is the estimated model stationary? What is the long-run variance

Consider a GARCH model with parameter estimates given by: Parameter Estimate 0.91 0.04 0.07 Is the estimated

Consider a GARCH model with parameter estimates given by: Parameter Estimate 0.91 0.04 0.07 Is the estimated model stationary? What is the long-run variance of the process (we consider the unit is in percentage points)?

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