If returns rt follow an AR(1) process with the autoregressive coefficient 0.1, what is the autocorrelation between r5 and r8

MACROECONOMICS FOR TODAY
10th Edition
ISBN:9781337613057
Author:Tucker
Publisher:Tucker
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphics To Economics
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If returns rt follow an AR(1) process with the autoregressive coefficient 0.1, what is the autocorrelation between r5 and r8

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