Historically,the Average Excess Return of the S&P/TSX Composite Index Over

question 34

Multiple Choice

Historically,the average excess return of the S&P/TSX Composite Index over the return of Government of Canada bonds has been ________ and is a proxy for the market risk premium.

• A)between 10% and 12%
• B)between 14% and 16%
• C)between 5% and 7%
• D)between 11% and 13%
• E)between 4% and 6%