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Problem 5-09 Assume the following daily closings for the Dow Jones Industrial Average: 8 eBook 9 10 Day 1 2 3 4 5 13,125 13,140 a. Calculate a four-day moving average

for Days 4 through 12. Round your answers to two decimal places. DayMoving average 4 5 6 buy sell DJIA 13,025 13,080 13,205 13,130 11 12 b. Assume that the index on Day 13 closes at 13,325. Would this signal a buy or sell decision? This would signal a-Select- decision. Select Day 7 8 9 10 11 12 DJIA 13,150 13,120 13,210 13,330 13,240 13,350

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