Question
Problem 8-3 Simple Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month
Problem 8-3 Simple Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.) January February IBM $181.64 181.29 AMZN $629.36 635.00 March 205.33 558.56 April 222.41 552.10 May 187.09 487.42 June 213.69 482.38 July 249.12 609.69 August 190.63 531.96 September 225.83 509.84 October 215.91 612.84 November 201.29 581.99 December 178.70 667.90
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started