The following table lists monthly stock prices in Canada as measured by the S&P/TSX Composite Index (this

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The following table lists monthly stock prices in Canada as measured by the S&P/TSX Composite Index (this is CANSIM II series V122620) for 2008.
January February March April May June July August September October November December 13 155.10 13 582.69 13

a. Which month would have been the worst month to buy the index?

b. What was the percentage decline in the index from January to December?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321584717

4th Canadian Edition

Authors: Frederic S. Mishkin, Apostolos Serletis

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