You are given the following information concerning two stocks that make up an index. What is the

Question:

You are given the following information concerning two that make up an index. What is the price-weighted return for the index? Price per Share Shares Beginning of Year End of Year Outstanding Kirk, Inc. 35,000 $37 $42 Picard Co. 84 26,000 91

Price per Share Shares Beginning of Year End of Year Outstanding Kirk, Inc. 35,000 $37 $42 Picard Co. 84 26,000 91

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...