The S&P/TSX Venture Composite index went from a close August 31, 2007 of 2647.81 to a close December 31, 2007 of 2839.66. What can be concluded from these statistics?
A) Market capitalization increased by $191.85 million from August 31 to December 31.
B) The market made a gain of 7.2% from August 31 to December 31.
C) The number of trades was higher by 7.2% on August 31 compared to December 31.
D) The value of the assets being traded on the TSX/Venture exchanges grew by 7.2% from August 31 and to December 31.
E) The value of assets being traded on the TSX/Venture exchanges grew by $191.85 million from August 31 to December 31.
Correct Answer:
Verified
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