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,Problem 8-4 Exponential Moving Averages (LO4,
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.) IBM AMZN January $ 176.84 $ 617 . 76 February 178 . 09 626.36 March 195 .25 569 . 84 April 211 . 77 548 . 90 May 190. 93 504 . 06 June 210 .01 491 . 98 July 238 . 48 607. 29 August 200 . 47 535 . 56 September 221 .99 511 . 92 October 214.95 604. 76 November 197 . 69 588 . 95 December 176 . 46 659 . 10 x Answer is complete but not entirely correct. IBM AMZN March $ 189.32 ~ $ 587.25 April 203.40 X 565.30 X May 195.12 X 522.50 x June 207.12 X 503.48 X July 225.81 X 570.87 X August 208.40 X 540.25 X\f

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