The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) January February March April May June July August September October November December IBM $172.04 174.89 185.17 201.13 194.77 AMEN $606.16 617.72 581.12 545.70 520.70 206.33 501.58 227.804 210.31 218.15 514.00 213.99 596.68 194.09 595.91 174.22 650.30 604.89 539.16
The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) January February March April May June July August September October November December IBM $172.04 174.89 185.17 201.13 194.77 AMEN $606.16 617.72 581.12 545.70 520.70 206.33 501.58 227.804 210.31 218.15 514.00 213.99 596.68 194.09 595.91 174.22 650.30 604.89 539.16
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter13: Corporations: Organization, Stock Transactions, And Dividends
Section: Chapter Questions
Problem 4CP
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