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

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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

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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

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