From the end of 1990 to the end of 2008, the S&P/TSX Composite Index rose from 3257 to 8987. If you had invested $50,000 in a portfolio of the shares of the companies in the Index at the end of 1990, what would the value of those shares have been at the end of 2008? (This calculation considers only the price appreciation of the original shares. It does not include additional growth in the portfolio’s value resulting from the receipt and reinvestment of dividends.)