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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 | $ | 180.44 | $ | 626.46 | |||
February | 180.49 | 632.84 | |||||
March | 202.81 | 561.38 | |||||
April | 219.75 | 551.30 | |||||
May | 188.05 | 491.58 | |||||
June | 212.77 | 484.78 | |||||
July | 246.46 | 609.09 | |||||
August | 193.09 | 532.86 | |||||
September | 224.87 | 510.36 | |||||
October | 215.67 | 610.82 | |||||
November | 200.39 | 583.73 | |||||
December | 178.14 | 665.70 | |||||
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