Suppose the S&P/TSX Composite portfolio cost $134,590 in 1975 (when the base value of the index was
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Suppose the S&P/TSX Composite portfolio cost $134,590 in 1975 (when the base value of the index was set at 1000). What value was quoted for the S&P/TSX Composite Index on a later date when the same portfolio had a value of $859,700?
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Current value Value on base da...View the full answer
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
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