To determine stock beta estimates,BMO Nesbitt Burns uses the __________ as a proxy for the market portfolio.
A) Dow Jones Industrial Average
B) S&P/TSX Composite Index
C) S&P 500 Index
D) Wilshire 5000
E) none of these

Question

Quizplus · Accepted Answer

BMO Nesbitt Burns uses the S&P/TSX Composite Index as a proxy for the Canadian market portfolio, so it is the best choice among the options given.

To Determine Stock Beta Estimates,BMO Nesbitt Burns Uses the __________