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In December 1977 the TSX index was 1059. In December 2016 the TSX index was 16,980. What was the approximate historical return on equities during
In December 1977 the TSX index was 1059. In December 2016 the TSX index was 16,980. What was the approximate historical return on equities during this period?
a.
15.6 percent
b.
10.1 percent
c.
4.2 percent
d.
7.4 percent
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