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?

• A)7.5%
• B)6.3%
• C)7.6%
• D)7.0%
• E)6.6%

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Definitions:

Fluctuations

Fluctuations refer to variations or changes in a condition, value, or level of economic variables over time.

Inflation

The escalation speed in general price levels of goods and services, ultimately leading to diminished power for making purchases.

Unemployment

The situation where individuals who are capable of working and are actively seeking work cannot find employment.

Government

The system or group of people governing an organized community, often a state, and the authority to make and enforce laws.