At day 7, the four-day moving average for the price of the stock would be $58.25.
<h3>What is the four-day moving average at day 7?</h3>
This can be found as:
= (Day 7 price + Day 6 + Day 5 + Day 4) / Number of days
Solving gives:
= (59 + 55 + 59 + 60) / 4
= 233 / 4
= $58.25
Find out more on moving averages at brainly.com/question/15188858.
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