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

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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Chapter1: Investments: Background And Issues
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5
March
April
May
June
July
August
September
October
November
December
IBM
AMZN
Transcribed Image Text:5 March April May June July August September October November December IBM AMZN
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
Marchi
April
May
June
July
August
September
October
November
December
IBM
$172.04
174.89
185.17
201.13
194.77
206.33
227.84
210.31
AMZN
$606.16
617.72
581.12
545.70
520.70
501.58
604.89
539.16
514.00
596.68
194.09 595.91
174.22
650.30
218.15
213.99
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 Marchi April May June July August September October November December IBM $172.04 174.89 185.17 201.13 194.77 206.33 227.84 210.31 AMZN $606.16 617.72 581.12 545.70 520.70 501.58 604.89 539.16 514.00 596.68 194.09 595.91 174.22 650.30 218.15 213.99
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