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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? (Do not round intermediate

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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? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Kirk, Inc. Picard Co. Shares Outstanding 43,000 30,000 Price per Share Beginning End of of Year $ 62 112 Year $ 68 121

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