Assume that on 1111 the dow jones industrial average was, Financial Management

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Assume that on 1111 the dow jones industrial average was

Assume that on 1/1/11, the Dow Jones Industrial Average was 11,800. Also assume that on 12/31/11, the Dow is at 12,800. What is the growth rate on the Dow in 2011? If this growth rate continues through 2012, what will be the Dow on 12/31/12? Round your percentage to the nearest tenth of a percent and the new Dow to the nearest integer.

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Financial Management: Assume that on 1111 the dow jones industrial average was

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