What is the 5-day simple moving average (SMA) for a stock with the closing prices listed in a week? $⁢40.00,$⁢38.00,$⁢38.50,$⁢39.50, and $⁢44.00

Add the five closing prices: $40.00 + $38.00 + $38.50 + $39.50 + $44.00 = $200.00. Divide by 5 days to get the simple moving average: $200.00 ÷ 5 = $40.00. The correct choice is $40.00.

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