Question: Problem 8-3 Simple Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving

Problem 8-3 Simple Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the simple three-month moving average for each month for both companies. (Input all amounts as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.) IBM AMZN January $ 179.84 $ 625.01 February 180.09 631.76 March 201.55 562.79 April 218.42 550.90 May 188.53 493.66 June 212.31 485.98 July 245.13 608.79 August 194.32 533.31 September 224.39 510.62 October 215.55 609.81 November 199.94 584.60 December 177.86 664.60

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!