Problem 5-09

Assume the following daily closings for the Dow Jones Industrial Average:

Day

DJIA

Day

DJIA

13,055

13,170

AWN

13,110

8

13,180

13,070

13,065

9

13,110

13,260

10

13,305

11

13,220

6

13,140

12

13,330

a. Calculate a four-day moving average for Days 4 through 12. Round your answers to two decimal places.

Assume the following daily closings for the Dow Jones Industrial Average: a. Calculate a four-day moving average for Days 4 through 12. Round your answers to two decimal places. b. Assume that the index on Day 13 closes at 13,320 . Would this signal a buy or sell decision? This would signal a decision