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The S&P TSX Composite Index Delivered Annual Returns of 10

question 52

Multiple Choice

The S&P TSX Composite index delivered annual returns of 10.55%,-8.32%,21.08% and 9.10% from 2014 to 2017.What was the average compound annual return per year?


Definitions:

Merger

A corporate strategy of combining two or more companies into a single company in order to enhance competitive advantages or expand market share.

Tender Offer

Offer made by a company to the target company’s shareholders specifying a price and the form of payment.

Leverage Buyout

A financial transaction where a company is purchased using a significant amount of borrowed money to meet the acquisition cost.

Acquisition

The process of obtaining control of another company or business entity through purchase or merger.

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