Below are the actual returns of the TSX 60 composite index as provided by Yahoo Finance....

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Below are the actual returns of the TSX 60 composite index as provided by Yahoo Finance. (All rates in this question are expressed in annual compunding.) Year Return 2008 -26.85% 2009 -10.82% 2010 57.23% 2011 14.64% 2012 -1.48% 2013 17.36% 2014 25.08% 2015 1.14% 2016 11.12% 2017 31.94% 2018 2019 4.69% 17.52% As you can see, the past decade saw quite a bit of volatility. Assume at the start of each year, you invested $1,000 into the stock market, and your returns were identical to that of the overall TSX 60 market index. (HINT: You may find it convienent to use Excel for this question.) (a) Compute your final accumulated value (at the end of 2019). (b) Compute the dollar-weighted rate of interest. (c) Compute the time-weighted rate of interest. Below are the actual returns of the TSX 60 composite index as provided by Yahoo Finance. (All rates in this question are expressed in annual compunding.) Year Return 2008 -26.85% 2009 -10.82% 2010 57.23% 2011 14.64% 2012 -1.48% 2013 17.36% 2014 25.08% 2015 1.14% 2016 11.12% 2017 31.94% 2018 2019 4.69% 17.52% As you can see, the past decade saw quite a bit of volatility. Assume at the start of each year, you invested $1,000 into the stock market, and your returns were identical to that of the overall TSX 60 market index. (HINT: You may find it convienent to use Excel for this question.) (a) Compute your final accumulated value (at the end of 2019). (b) Compute the dollar-weighted rate of interest. (c) Compute the time-weighted rate of interest.

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a Compute your final accumulated value at the end of 2019 To calculate the final accumulated value we need to apply the annual returns to your initial ... View the full answer