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If the S&P/TSX Composite Index Declined from 14,614 to 14,238

Question 101

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If the S&P/TSX Composite Index declined from 14,614 to 14,238 over a 50-day period, what were the simple and effective annualized rates of decline in the index during the period?

Correct Answer:

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Simple = -18.78% and...

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