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Well, It depends on what year you are talking about. If the Dow gained
91.71 every year, then that would have been about a 225%
gain in 1896. Not bad, huh. The real number that you should be looking
for is the avg. annual return, which I don't want to do right now because
it is 1:00 A.M.
Mike
On Wed, 9 Sep 1998, BrentinUtahsDixie wrote:
> The Lowest the Dow has been was 28 and that happened in the year that the
> Dow was created in 1896. So 28 is .0027 of 9354.71 the high in July. Also
> 334.1 times 28 is 9354.8. The Dow is 102 years old. Divide 9355 by 102 you
> get 91.71 which is .0098% per year. Or less than 1% per year. Asleep yet?
>
> Brent
>
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