P9.7 You find the closing prices for a share you own. You want to use a 10-day
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P9.7 You find the closing prices for a share you own. You want to use a 10-day moving average to monitor the share. 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 3 27.00 13 31.00 4 28.00 14 31.50 5 27.00 15 31.00 6 28.00 16 32.00 7 27.50 17 29.00 8 29.00 18 29.00 9 27.00 19 28.00 10 28.00 20 27.00 Visit www.pearson.com.au/myfinancelab for web exerci
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Related Book For
Fundamentals Of Investing
ISBN: 9781442532885
3rd Edition
Authors: Lawrence J. Gitman, Michael D. Joehnk, Scott Smart, Roger Juchau, Donald Ross, Sue Wright
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