The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 175.04 $ 613.41 February 176.89 623.12 March 191.47 574.07 April 207.78 547.70 May 192.37 510.30 June 208.63 495.58 July 234.49 606.39 August 204.16 536.91 September 220.55 512.70 October 214.59 601.73 November 196.34 591.56 December 175.62 655.80

Essentials Of Investments
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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 Penn Company and Teller,
Incorporated. Calculate the exponential three-month moving average for both stocks where
two-thirds of the average weight is placed on the most recent price. Note: Input all amounts
as positive values. Do not round intermediate calculations. Round your answers to 2 decimal
places. Penn Teller January $ 175.04 $ 613.41 February 176.89 623.12 March 191.47 574.07
April 207.78 547.70 May 192.37 510.30 June 208.63 495.58 July 234.49 606.39 August
204.16 536.91 September 220.55 512.70 October 214.59 601.73 November 196.34 591.56
December 175.62 655.80
Transcribed Image Text:The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 175.04 $ 613.41 February 176.89 623.12 March 191.47 574.07 April 207.78 547.70 May 192.37 510.30 June 208.63 495.58 July 234.49 606.39 August 204.16 536.91 September 220.55 512.70 October 214.59 601.73 November 196.34 591.56 December 175.62 655.80
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