P9.10 You find the closing prices for a stock you own. You want to use a 10-day

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P9.10 You find the closing prices for a stock you own. You want to use a 10-day moving average to monitor the stock. Calculate the 10-day moving average for days 11 through 20. Based on the data in the table below, are there any signals you should act on? Explain. Day Closing Price Day Closing Price 1 $25.25 11 $30.00 2 26.00 12 30.00 345678 27.00 13 31.00 28.00 14 31.50 27.00 15 31.00 28.00 16 32.00 27.50 17 29.00 29.00 18 29.00 9 27.00 19 28.00 10 28.00 20 27.00

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Fundamentals Of Investing

ISBN: 9780136117049

11th Edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott B. Smart, Scott J. Smart

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