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%

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Definitions:

Significance Level

A threshold within a statistical test that defines the probability of rejecting the null hypothesis when it is actually true, often denoted as alpha (α).

Religious Service

A formalized period of communal worship conducted by a religious organization according to its traditions.

Significance Level

The threshold below which a p-value is considered statistically significant, often set at 0.05 or 5%.

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