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Calculate the percentage returns generated over the past five years by the following three indices: TSX Composite, Dow Jones Industrial Average (DJIA), and S&P 500.

Calculate the percentage returns generated over the past five years by the following three indices: TSX Composite, Dow Jones Industrial Average (DJIA), and S&P 500. Use the Globe Investor website to chart and estimate the returns. Choose an index, then view the five-year chart by clicking on the 5Y link above the chart. Hover your cursor on the beginning and ending of the graph line to see the price (this feature may not work in Internet Explorer). Once you have the beginning and ending values, use the formula (End Price Beginning Price)/Beginning Price to calculate the total percentage return over the five-year period. Show your calculations, contrast the results, and discuss possible reasons for the differences between indices.

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