Question: Problem 8-4 Exponential Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving

 Problem 8-4 Exponential Moving Averages (LO4, CFA1) The table below shows

Problem 8-4 Exponential Moving Averages (LO4, CFA1) The table below shows the closing monthly stock prices for IBM and Amazon. Calculate the exponential three-month moving average for both stocks where two-thirds of the average weight is placed on the most recent price. (Do not round intermediate calculations. Round your answers to 2 decimal places.) January February March April May June July August September October November December IBM $ 170.24 173.69 181.39 197.14 196.21 204.95 223.85 214.00 216.71 213.63 192.74 173.38 AMZN $ 601.81 614.48 585.35 544.50 526.94 505.18 603.99 540.51 514.78 593.65 598.52 647.00 IBM AMZN March April May June July August September October November December

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