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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.

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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.) Pr 100 per Share Beginning of End of Shares Outstanding 33,000 31.500 Kirk, Inc. Picard Co. Year $ 45 75 Year $50 81 Retum %

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