In December 1977 the TSX Index Was 1059

question 9

Multiple Choice

In December 1977 the TSX index was 1059.In December 2007 the TSX index was 11980 .What has been the approximate historical return on equities during this period?

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

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