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

Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index? (Enter your answer as a percent rounded to 2 decimal places. )
Price per Share
Shares Outstanding Beginning of Year End of Year
Kirk, Inc. 35,000 $ 37 $ 42
Picard Co.26,0008491

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