Final answer:
The 5-day moving average for CCK's stock is calculated by adding the daily closing prices from Monday through Friday and then dividing by 5. The resulting 5-day moving average as of the end of Friday is $17.40.
Step-by-step explanation:
To calculate the 5-day moving average for CCK's stock prices at the end of Friday, you add up the closing prices from Monday to Friday and then divide by the number of days, which is 5. Here's the calculation:
- Monday: $15.50
- Tuesday: $18.00
- Wednesday: $18.25
- Thursday: $17.50
- Friday: $17.75
5-day moving average = (Monday + Tuesday + Wednesday + Thursday + Friday) / 5
5-day moving average = ($15.50 + $18.00 + $18.25 + $17.50 + $17.75) / 5
5-day moving average = $87.00 / 5
5-day moving average = $17.40
The 5-day moving average of CCK's stock at the end of the trading week on Friday is $17.40.