Corporate AAA bond interest rates for 12 consecutive months are 9.5%, 9.3%, 9.4%, 9.6%, 9.8%, 9.7%, 9.8%, 10.5%, 9.9%, 9.7%, 9.6% and 9.6%. What is the three-month weighted moving average forecast (with weights 0.2, 0.4 and 0.4 - from oldest to most recent respectively) for the next month, rounded to two decimal places?

the three-month weighted moving average forecast is 9.62%

Step-by-step explanation:

The computation of the three-month weighted moving average forecast is shown below:

= Weight × rate of interest + Weight × rate of interest + Weight × rate of interest

= (0.2 × 9.7) + (0.4 × 9.6) + (0.4 × 9.6)

= 9.62%

Hence, the three-month weighted moving average forecast is 9.62%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

depending on others is critical to survival. my source is apex!

step-by-step explanation: