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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? (Round your answer to 2

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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? (Round your answer to 2 decimal places. Omit the "%" sign in your response.) Price per Share Shares Beginning Outstanding of Year End of Year Kirk, Inc. $68 43,000 30,000 $62 112 Picard Co. 121 Return %

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