Assume the following information concerning two stocks that


Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Price per Share Shares Outstanding Beginning of Year End of Year Kirk, Inc. 36,000 $ 43 $ 49 Picard Co. 26,500 72 81

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Financial Management: Assume the following information concerning two stocks that
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