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1) Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? Price per Share Shares

1) Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index?

Price per Share
Shares Outstanding Beginning of Year End of Year
Kirk, Inc. 37,000 $ 53 $ 57
Picard Co. 27,000 79 84

Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format ( EX: XXXX).

2) You want to sell 600 shares of DEF stock at the going market price after the stock reaches $42 a share. Which type of order should you place?

stop

limit

market

good-'til canceled market

3) Which of the following order types could be used to mitigate potential losses from a short sale?

limit sell order

stop loss order

stop buy order

market sell order

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