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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.
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. Omit the "%" sign in your response.) Price per Share Shares Beginning Klifk, Ir. Picard Co. 33,000 31,500 $45 75 $50 81
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