Use of Financial Calculator TI BA II Plus Required

question 57

Multiple Choice

Use of Financial Calculator TI BA II Plus required. In December 1977 the TSX index was 1059. In December 2007 the TSX index was 11 980. What has been the historical return on equities during this period?

• A)4)2 percent
• B)10.1 percent
• C)15.6 percent
• D)8)4 percent