Question: A stock technical analyst uses smoothing methods to predict stock prices.The following table contains the monthly price information for General Mills. Date. Price 1/30/2015 55.33

A stock technical analyst uses smoothing methods to predict stock prices.The following table contains the monthly price information for General Mills.

Date. Price

1/30/2015 55.33

2/27/2015. 52.48

3/31/2015. 53.79

4/30/2015. 56.60

5/29/2015. 55.34

6/30/2015. 56.15

7/31/2015. 55.72

8/31/2015. 58.21

9/30/2015. 56.76

10/30/2015. 56.13

11/30/2015. 58.11

12/31/2015. 57.66

What is the predicted share price for September 30, 2015 if this technical analyst uses an exponential smoothing method with a smoothing constant of .7 and a 5-month moving average as the initial forecast share price for June 30, 2015?

A.$57.46

B.$56.39

C.$56.97

D.$57.30

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