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 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	$	181.04		$	627.91
February		180.89			633.92
March		204.07			559.97
April		221.08			551.70
May		187.57			489.50
June		213.23			483.58
July		247.79			609.39
August		191.86			532.41
September		225.35			510.10
October		215.79			611.83
November		200.84			582.86
December		178.42			666.80

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	$	181.04		$	627.91
February		180.89			633.92
March		204.07			559.97
April		221.08			551.70
May		187.57			489.50
June		213.23			483.58
July		247.79			609.39
August		191.86			532.41
September		225.35			510.10
October		215.79			611.83
November		200.84			582.86
December		178.42			666.80

IBM AMZN

March

April

May

June

July

August

September

October

November

December

Answer 1

	IBM			AMAZON
January	181.04			627.91
February	180.89	181.02		633.92	628.91
March	204.07	184.75		559.97	621.60
April	221.08	206.91		551.70	558.59
May	187.57	215.50		489.50	541.33
June	213.23	191.85		483.58	488.51
July	247.79	218.99		609.39	504.55
August	191.86	238.47		532.41	596.56
September	225.35	197.44		510.10	528.69
October	215.79	223.76		611.83	527.06
November	200.84	213.30		582.86	607.00
December	178.42	197.10		666.80	596.85