Asked by Demia Kelly on Jun 03, 2024
Verified
From the end of 2014 until the end of 2016, the S&P/TSX Composite Index rose from 8934 to 12,434. If you had invested $50,000 in a portfolio of the shares of the companies in the Index at the end of 2014, what would the value of those shares have been at the end of 2016? (This calculation considers only the price appreciation of the original shares. It does not include the portion of the growth in the portfolio's value resulting from the receipt and reinvestment of dividends.)
S&P/TSX Composite Index
This is the primary gauge for the Canadian equities market, consisting of the largest companies listed on the Toronto Stock Exchange (TSX) by market capitalization.
Price Appreciation
The increase in the value of an asset or investment over time.
- Understand and apply the concept of investment appreciation in the stock market.
Verified Answer
TC
Learning Objectives
- Understand and apply the concept of investment appreciation in the stock market.
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