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
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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.
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
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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