Question: A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart. Date Price 11/30/2018 95.62

A stock technical analyst uses smoothing methods

A stock technical analyst uses smoothing methods to predict stock prices. The following table contains the monthly price information for Walmart. Date Price 11/30/2018 95.62 12/31/2018 91.71 1/31/2019 2/28/2019 94.35 97.46 3/29/2019 | 96.54 4/30/2019 | 101.80 5/31/2019 100.94 6/28/2019 | 109.95 7/31/2019 | 109.84 8/30/2019 114.26 9/30/2019 118.68 10/31/2019 117.26 What is the predicted share price for August 30, 2019 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 April 30, 2019? O A $107.14 B. $109.03 C. $111.89 OD. $116.88

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