We want to compare the increase in value of the stock portfolio represented by the S&P/TSX Composite
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We want to compare the increase in value of the stock portfolio represented by the S&P/TSX Composite Index during the 14-year period described in Problem 8 to the general increase in prices of goods and services during the same period. The CPI rose from 96.7 at the end of 2000 to 124.5 at the end of 2014. Calculate the percent increase in the value of the portfolio and the percent increase in the general price level during the 14-year period.
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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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