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The DJIA (Dow Jones Industrial Average) is a price weighted index consisting of thirty bluechip company stocks. AAPL, GE, and MMM etc. are all components of the DJIA. Year to date, the DJIA has dropped by 10%. Assume that at the beginning of this year, you started a portfolio with $1000 invested in each of the thirty companies in the DJIA. Can you conclude that year to date, the return of your portfolio is also -10%? Assume that there is no change in the DJIA components and also ignore any dividends.

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