The TSX Index Had a Return of 12 Percent and Apple

question 28

Multiple Choice

The TSX Index had a return of 12 percent and Apple Inc.had a return of two percent over the same six month period.What can you say about whether your purchase of Apple Inc.was a good decision?

• A)Nothing because the TSX Index is not a relevant comparison for an American company.
• B)Your analysis of Apple was poor.
• C)Apple is always a good company to buy,but this was too short a time to compare.
• D)Comparing returns with an Index is irrelevant.

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Definitions:

John Wesley Powell

An American explorer, geologist, and ethnologist, known for his pioneering expeditions down the Green and Colorado Rivers and his advocacy for conservation and responsible development of the American West.

Interstate Commerce Commission

A regulatory agency in the United States created to oversee the railroads and later expanded to other modes of transportation, aiming to ensure fair rates and practices.

Historical Significance

Describes the importance or impact that an event, person, or place has had on history.