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

question 69

Multiple Choice

What is the 3-day exponential moving average as of day 4 assuming that a weight of 70 percent is placed on the most recent price?

• A) $20.81
• B) $20.84
• C) $20.87
• D) $20.90
• E) $20.94

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Definitions:

Sales

The activities involved in selling goods or services in return for money or other compensation, fundamental to a company's revenue.

Gift Card Expense

The cost recognized by a business when gift cards are redeemed, typically involving the goods or services provided in exchange for the card.

Redeemed

A term referring to the process of exchanging a financial instrument, such as a bond or coupon, for cash or its equivalent value.

Product Warranty

A promise to repair or replace a product if it fails within a specified period.