Use of Financial Calculator TI BA II Plus required. The Toronto Stock Exchange (TSX)index had a value of 7000 in July 2003. On the same day in July 2007, the TSX index had a value of 12 500. You own an index fund that mirrors the returns of the TSX and has a current value of $36.50 per unit. If the historical return is the same, what will these units be worth three years from today? Ignore any fees or commissions.

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The Answer of Use of Financial Calculator TI BA II Plus required. The Toronto Stock Exchange (TSX)index had a value of 7000 in July 2003. On the same day in July 2007, the TSX index had a value of 12 500. You own an index fund that mirrors the returns of the TSX and has a current value of $36.50 per unit. If the historical return is the same, what will these units be worth three years from today? Ignore any fees or commissions.

Use of Financial Calculator TI BA II Plus Required