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he 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.)     IBM   AMZN January $ 173.24   $ 609.06   February   175.69     619.88   March   187.69     578.30   April   203.79     546.50   May   193.81     516.54   June   207.25     499.18   July   230.50     605.49   August   207.85     538.26   September   219.11     513.48   October   214.23     598.70   November   194.99     594.17   December   174.78     652.50

he 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.)     IBM   AMZN January $ 173.24   $ 609.06   February   175.69     619.88   March   187.69     578.30   April   203.79     546.50   May   193.81     516.54   June   207.25     499.18   July   230.50     605.49   August   207.85     538.26   September   219.11     513.48   October   214.23     598.70   November   194.99     594.17   December   174.78     652.50

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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he 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.)

 

  IBM   AMZN
January $ 173.24   $ 609.06  
February   175.69     619.88  
March   187.69     578.30  
April   203.79     546.50  
May   193.81     516.54  
June   207.25     499.18  
July   230.50     605.49  
August   207.85     538.26  
September   219.11     513.48  
October   214.23     598.70  
November   194.99     594.17  
December   174.78     652.50  
 

 

 
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