The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 177.44 $ 619.21 February 178.49 627.44 March 196.51 568.43 April 213.10 549.30 May 190.45 501.98 June 210.47 490.78 July 239.81 607.59 August 199.24 535.11 September 222.47 511.66 October 215.07 605.77 November 198.14 588.08 December 176.74 660.20 × Answer is not complete. Penn Teller March $ 190.33 $ 586.73 April May 204.58 x 565.51 x 195.24 x 520.94 x June 207.57 x 502.40 x July 226.69 x 570.52 x

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated.
Calculate the exponential three-month moving average for both stocks where two-thirds of the
average weight is placed on the most recent price.
Note: Input all amounts as positive values. Do not round intermediate calculations. Round your
answers to 2 decimal places.
Penn
Teller
January
$ 177.44 $ 619.21
February
178.49
627.44
March
196.51
568.43
April
213.10
549.30
May
190.45
501.98
June
210.47
490.78
July
239.81
607.59
August
199.24
535.11
September
222.47
511.66
October
215.07
605.77
November
198.14
588.08
December
176.74
660.20
× Answer is not complete.
Penn
Teller
March
$
190.33
$
586.73
April
May
204.58 x
565.51 x
195.24 x
520.94 x
June
207.57 x
502.40 x
July
226.69 x
570.52 x
Transcribed Image Text:The table below shows the closing monthly stock prices for Penn Company and Teller, Incorporated. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. Note: Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places. Penn Teller January $ 177.44 $ 619.21 February 178.49 627.44 March 196.51 568.43 April 213.10 549.30 May 190.45 501.98 June 210.47 490.78 July 239.81 607.59 August 199.24 535.11 September 222.47 511.66 October 215.07 605.77 November 198.14 588.08 December 176.74 660.20 × Answer is not complete. Penn Teller March $ 190.33 $ 586.73 April May 204.58 x 565.51 x 195.24 x 520.94 x June 207.57 x 502.40 x July 226.69 x 570.52 x
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