The S&P/ASX200 price index opened the year at 7,120 and closed at 6,950 by the end of the year. The equivalent accumulation index went from 76,470 to 78,760. What is the annual rate of return on each of these indices? Explain the difference in information provided by these two indices.

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1 ARR closing price opening priceopening price SPASX20... View the full answer