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The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of
The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
IBM | AMZN | ||||||
January | $ | 176.24 | $ | 616.31 | |||
February | 177.69 | 625.28 | |||||
March | 193.99 | 571.25 | |||||
April | 210.44 | 548.50 | |||||
May | 191.41 | 506.14 | |||||
June | 209.55 | 493.18 | |||||
July | 237.15 | 606.99 | |||||
August | 201.70 | 536.01 | |||||
September | 221.51 | 512.18 | |||||
October | 214.83 | 603.75 | |||||
November | 197.24 | 589.82 | |||||
December | 176.18 | 658.00 | |||||
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