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?