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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.) Market values Index values Year 1: $3,554 million Year 2: $3,866 million Year 3: $4,227 million Year 4: $4,027 million Year 5: $4,576 million

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