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

question 69

Multiple Choice

$\begin{array}{c}\begin{array}{c} \text {Day}\\1 \\2 \\3 \\4 \\5 \\6 \\7\end{array}\begin{array}{c}\text { Closing Price }\\48.22 \\48.40 \\47.28 \\47.30 \\48.11 \\49.02 \\49.10 \end{array}\end{array}$

-What is the 3-day exponential moving average as of day 4 assuming that a weight of 60 percent of the average weight is placed on the most recent price?

• A) 42.34
• B) 44.14
• C) 45.13
• D) 45.91
• E) 47.46

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