What Is the 3-Day Exponential Moving Average as of Day

question 78

Multiple Choice

What is the 3-day exponential moving average as of Day 5 assuming that a weight of 60 percent is placed on the most recent price?
$$\begin{array} { c c } \text { Day } & \text { Closing Erice } \\1 & \$ 30.19 \\2 & \$ 39.11 \\3 & \$ 39.07 \\4 & \$ 39.03 \\5 & \$ 39.13 \\6 & \$ 39.18 \\7 & \$ 39.14\end{array}$$

• A)$39.04
• B)$39.07
• C)$39.13
• D)$39.22
• E)$39.28

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