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 $ 180.44 180.49 202.81 219.75 188.05 212.77 246.46 193.09 224.87 215.67 200.39 178.14 AMZN $626.46 632.84 561.38 551.30 491.58 484.78 609.09 532.86 510.36 610.82 583.73 665.70 Answer is complete but not entirely correct.

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
IBM
$ 180.44
180.49
202.81
219.75
188.05
212.77
246.46
193.09
224.87
215.67
200.39
178.14
September
October
November
December
AMZN
$ 626.46
632.84
$
561.38
551.30
491.58
X Answer is complete but not entirely correct.
IBM
484.78
609.09
532.86
510.36
610.82
583.73
665.70
195.36 $
210.38 x
195.79
209.81 x
231.11 X
205.27 x
223.17 X
213.44 x
207.02 X
188.10 X
AMZN
584.14
566.57 x
513.17 x
497.00 X
568.79 x
537.55 X
530.57 x
581.08
576.02 X
642.89 x
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 IBM $ 180.44 180.49 202.81 219.75 188.05 212.77 246.46 193.09 224.87 215.67 200.39 178.14 September October November December AMZN $ 626.46 632.84 $ 561.38 551.30 491.58 X Answer is complete but not entirely correct. IBM 484.78 609.09 532.86 510.36 610.82 583.73 665.70 195.36 $ 210.38 x 195.79 209.81 x 231.11 X 205.27 x 223.17 X 213.44 x 207.02 X 188.10 X AMZN 584.14 566.57 x 513.17 x 497.00 X 568.79 x 537.55 X 530.57 x 581.08 576.02 X 642.89 x
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