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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

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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.) Index values Market values Year 1: $2.545 million Year 2 $2,562 million Year 3: $2,538 million Your 4: $2.413 million Year 5: $2,962 milion

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