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How is the Index Percentage Change Calculated?

calculated index PERCENTAGE
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How is the Index Percentage Change Calculated?

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The index percentage change will equal the following fraction: Ending Value Starting Value Starting Value The starting value equals 885.28, the closing value of the S&P 500 ® Index on the pricing date. The ending value will equal the closing value of the S&P 500 ® Index on the valuation date. How Will the Note Return Amount Be Calculated?

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