Answered: In the table below, please find the…

In the table below, please find the daily closings for the Dow Jones Industrial Average. Day DJIA 1 13,500 2 13,395 3 13,505 4 13,750 5 13,820 6 13,910 Calculate a five-day moving average for day 6.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter7: Analysis Of Financial Statements

Section: Chapter Questions

Problem 1P: Greene Sisters has a DSO of 20 days. The companys average daily sales are 20,000. What is the level...

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Concept explainers

Stock Market Indices

Stock indexes are used to compare the price fluctuations of a group of stocks of similar companies, which are combined based on a similar industry or a particular market capitalization limit or type of market. The price comparison is based on a pre-determined standard method or indicators. These stock indexes are usually considered a base for comparison of a particular stock, and the performance of that particular company can be easily determined.

Question

In the table below, please find the daily closings for the Dow Jones Industrial Average.

Day	DJIA
1	13,500
2	13,395
3	13,505
4	13,750
5	13,820
6	13,910

Calculate a five-day moving average for day 6.

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