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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

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 value of the stocks
Year 1: 2,345 million
Year 2: 2,445 million
Year 3: 2,806 million
Year 4: 2,681 million
Year 5: 3,230 million

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