Problem 8-3 Simple Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices...

60.1K

Verified Solution

Question

Finance

Problem 8-3 Simple Moving Averages (LO4, CFA1) The table belowshows the closing monthly stock prices for IBM and Amazon.Calculate the simple three-month moving average for each month forboth companies. (Input all amounts as positive values. Do not roundintermediate calculations. Round your answers to 2 decimal places.)IBM AMZN January $ 179.84 $ 625.01 February 180.09 631.76 March201.55 562.79 April 218.42 550.90 May 188.53 493.66 June 212.31485.98 July 245.13 608.79 August 194.32 533.31 September 224.39510.62 October 215.55 609.81 November 199.94 584.60 December 177.86664.60

Answer & Explanation Solved by verified expert

3.9 Ratings (553 Votes)

See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

Problem 8-3 Simple Moving Averages (LO4, CFA1) The table belowshows the closing monthly stock prices for IBM and Amazon.Calculate the simple three-month moving average for each month forboth companies. (Input all amounts as positive values. Do not roundintermediate calculations. Round your answers to 2 decimal places.)IBM AMZN January $ 179.84 $ 625.01 February 180.09 631.76 March201.55 562.79 April 218.42 550.90 May 188.53 493.66 June 212.31485.98 July 245.13 608.79 August 194.32 533.31 September 224.39510.62 October 215.55 609.81 November 199.94 584.60 December 177.86664.60