Apex Mutual Fund invests primarily in technology stocks. The price of the fund at the end of each month for the 12 months of 2006 is shown in following table.( Rounding to two decimal places)

Month	Jan	Feb	March	April	May	June	July	August	Sept	Oct	Nov	Dec
Mutual Fund price	18	16.3	17.5	19	18	19.67	19	20.4	19.5	21	21.68	22

When using the double moving average method, the following equation is obtained:

yt+1=238.1+2.77(p)

The forecast mutual fund price for March 2007 equals: