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 $170.24 173.69 181.39 AMZN $601.81 614.48 585.35 197.14 544.50 196.21 526.94 204.95 505.18 223.85 603.99 214.00 540.51 216.71 514.78 213.63 593.65 192.74 598.52 173.38 647.00

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
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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
March
April
May
June
July
August
September
October
November
December
IBM
$170.24
173.69
181.39
AMZN
$ 601.81
614.48
585.35
197.14 544.50
196.21
526.94
204.95
505.18
223.85
603.99
214.00
540.51
216.71 514.78
213.63
593.65
192.74
598.52
173.38
647.00
IBM
AMZN
Transcribed Image Text: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 March April May June July August September October November December IBM $170.24 173.69 181.39 AMZN $ 601.81 614.48 585.35 197.14 544.50 196.21 526.94 204.95 505.18 223.85 603.99 214.00 540.51 216.71 514.78 213.63 593.65 192.74 598.52 173.38 647.00 IBM AMZN
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