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Part 1: You are given the following total market values for an index over a five-year period. Assuming the index starts at 1,000, calculate the

Part 1:

You are given the following total market values for an index over a five-year period. Assuming the index starts at 1,000, calculate the index value each year. (Do not round intermediate calculations. Round your answers to 2 decimal places.)

Market values Index values
Year 1: $3,354 million
Year 2: $3,604 million
Year 3: $3,965 million
Year 4: $3,765 million
Year 5: $4,314 million

Part 2:

Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $39, $315, and $118, respectively. If Able undergoes a 3-for-5 reverse stock split, what is the new divisor? (Do not round intermediate calculations. Round your answer to 5 decimal places.)

Divisor:

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