Question: Suppose you estimated an AR(1) model on the VIX, finding that VIX(t+1)-1.05+0.99*VIX(t)+e. Given the VIX is at 20.05 today, what would be the forecast of
Suppose you estimated an AR(1) model on the VIX, finding that VIX(t+1)-1.05+0.99*VIX(t)+e. Given the VIX is at 20.05 today, what would be the forecast of the VIX two days from now according to the AR(1) model? Pls round your answer to 2 decimal places, e.g., 22.58
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