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An index consists of the following securities. What is the value-weighted index return? What is the percentage value-weighted index return? (Round your answer to 2

An index consists of the following securities. What is the value-weighted index return? What is the percentage value-weighted index return? (Round your answer to 2 decimal places. Do not round intermediate steps. Omit the "%" sign in your response.) Price per Share Stock Shares Outstanding Beginning of Year End of Year

H 3,000 $15 $23

I 7,500 13 10

J 3,000 33 35

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