Question
The yield on a general obligation bond for the city of Stafford fluctuates with the market. The monthly quotations for 2020 are given, a Find
The yield on a general obligation bond for the city of Stafford fluctuates with the market. The monthly quotations for 2020 are given, a Find the forecast value of the yield on the obligation bonds for each month starting with April, by using a 3-month moving average b. Find the forecast value of the yield on the obligation bonds for each month starting with June, by using a 5-month moving average. Use Excel for this problem, copy and paste your answer
Municipal Bond Yield Month Yield
month yield
Jan. 9.33
Feb. 10.03
mar. 10.2
apr. 10.29
may. 10.65
June. 11.11
July. 11.56
Aug. 11.13
sep. 10.84
oct. 10.54
Nov. 10.9
Dec. 10.01
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