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. Teller January February March Penn $ 180.44 $ 626.46 180.49 632.84 202.81 561.38 April 219.75 551.30 May 188.05 491.58 June 212.77 484.78 July 246.46 609.09 August 193.09 532.86 September 224.87 510.36 October 215.67 610.82 November 200.39 583.73 December 178.14 665.70 Penn Teller March S 195.36 $ 584.14 April 211.55 195.79 May June July August September October November December 581.08
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. Teller January February March Penn $ 180.44 $ 626.46 180.49 632.84 202.81 561.38 April 219.75 551.30 May 188.05 491.58 June 212.77 484.78 July 246.46 609.09 August 193.09 532.86 September 224.87 510.36 October 215.67 610.82 November 200.39 583.73 December 178.14 665.70 Penn Teller March S 195.36 $ 584.14 April 211.55 195.79 May June July August September October November December 581.08
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
Section: Chapter Questions
Problem 1PS
Related questions
Question
![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.
Teller
January
February
March
Penn
$ 180.44
$ 626.46
180.49
632.84
202.81
561.38
April
219.75
551.30
May
188.05
491.58
June
212.77
484.78
July
246.46 609.09
August
193.09
532.86
September
224.87
510.36
October
215.67 610.82
November
200.39
583.73
December
178.14
665.70
Penn
Teller
March
S
195.36 $
584.14
April
211.55
195.79
May
June
July
August
September
October
November
December
581.08](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F2c473d66-1a40-45b3-9e89-88b80311dad3%2F7d108d74-aa52-4c24-a266-b15656760bb2%2F1kmjqig_processed.jpeg&w=3840&q=75)
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.
Teller
January
February
March
Penn
$ 180.44
$ 626.46
180.49
632.84
202.81
561.38
April
219.75
551.30
May
188.05
491.58
June
212.77
484.78
July
246.46 609.09
August
193.09
532.86
September
224.87
510.36
October
215.67 610.82
November
200.39
583.73
December
178.14
665.70
Penn
Teller
March
S
195.36 $
584.14
April
211.55
195.79
May
June
July
August
September
October
November
December
581.08
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