Question: Based on your own knowledge, explan the questions by your own words. 1. What is the S&P/TSX Composite Index in general? What is its purpose?

Based on your own knowledge, explan the questions by your own words.

1. What is the S&P/TSX Composite Index in general? What is its purpose?

2. When and why was it created?

3. How is the number determined? Is it a dollar value? Why not?

4. Who uses the S&P/TSX Composite Index, and why?

5. What does a comparison of the performance of the S&P/TSX Composite Index and the performance of specific stocks or portfolios of stocks show?

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