The S&P/TSX Composite Index was $11 944.54 on January 6, 2010 and $9472.09 on January 6, 2009.

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The S&P/TSX Composite Index was $11 944.54 on January 6, 2010 and $9472.09 on January 6, 2009. Josh holds an investment portfolio representative of the stocks in the index. If the value of the portfolio on January 6, 2009, was $279 510, what was the value of the portfolio on January 6, 2010?
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...
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Contemporary Business Mathematics with Canadian Applications

ISBN: 978-0133052312

10th edition

Authors: S. A. Hummelbrunner, Kelly Halliday, K. Suzanne Coombs

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