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.)

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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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
AMEN
$173.84 $610.51
176.09. 620.961
576.89
546.90
514.46
188.95
205.12
193.33
207.71 497.98
231.83
605.79
206.62 537.81
219.59
513.22
599.71
214.35
195.44
175.06
IBM
593.30
653.60
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 AMEN $173.84 $610.51 176.09. 620.961 576.89 546.90 514.46 188.95 205.12 193.33 207.71 497.98 231.83 605.79 206.62 537.81 219.59 513.22 599.71 214.35 195.44 175.06 IBM 593.30 653.60 AMZN
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