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Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? (Do not round intermediate calculations.

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Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Price per Share Beginning End of Shares Outstanding 34,000 32,000 Year $61 85 of Year $54 79 Kirk, Inc. Picard Co. Return

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