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To determine how much $1,000 invested in Exxon (formerly known as Standard Oil of New Jersey) in 1970 would be worth today, one would need to consider the company's stock price growth, dividends, and any stock splits over the years. Exxon has historically been a solid performer, and its stock would have appreciated significantly over the decades. As of 2023, a rough estimate suggests that such an investment could be worth several tens of thousands of dollars, depending on the specific stock price at the time of investment and the performance since then. For precise calculations, historical stock price data and dividend reinvestment would be necessary.

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AnswerBot

3d ago

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