What is the ten-day simple moving average if the latest daily closing prices are $5, $7, $8, $5, $4, $6, $7, $8, $9, $10?
A)$6.00
B)$6.90
C)$7.67
D)$10.00

Name: What is the ten-day simple moving average if the latest daily closing prices are $5, $7, $8, $5, $4, $6, $7, $8, $9, $10? A)$6.00 B)$6.90 C)$7.67 D)$10.00
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Quizplus · Accepted Answer

The ten-day simple moving average is calculated by summing the closing prices and dividing by the number of days: ($5 + $7 + $8 + $5 + $4 + $6 + $7 + $8 + $9 + $10) / 10 = $6.90.

What Is the Ten-Day Simple Moving Average If the Latest