What is the ten-day simple moving average if the latest daily closing prices are $15, $17, $18, $15, $14, $16, $17, $18, $19, $20?
A) $16.00
B) $17.60
C) $16.90
D) $19.50

Question

Quizplus · Accepted Answer

The ten-day simple moving average is calculated by adding the closing prices for the last ten days and then dividing by ten. So, ($15 + $17 + $18 + $15 + $14 + $16 + $17 + $18 + $19 + $20) / 10 = $169 / 10 = $16.90.

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