An index consists of the following securities and has an index divisor of 2.0. What is the price-weighted index return?

Index StockShares OSBeginning Share PriceEnding Share Price

S 4,800 $55 $51

T 3,500 $32 $ 36

1.69 percent

0.78 percent

0.00 percent

0.92 percent

1.43 percent