Question

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	$	177.44		$	619.21
February		178.49			627.44
March		196.51			568.43
April		213.10			549.30
May		190.45			501.98
June		210.47			490.78
July		239.81			607.59
August		199.24			535.11
September		222.47			511.66
October		215.07			605.77
November		198.14			588.08
December		176.74			660.20

	IBM	AMZN
March
April
May
June
July
August
September
October
November
December

Answer 1