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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 | $ | 181.64 | $ | 629.36 | |||
February | 181.29 | 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 | |||||
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