Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Kirk, Incorporated Picard Company Return Shares Price per Share Outstanding Beginning of Year 36,000 $ 43 26,500 74 10.90% End of Year $ 47 83

Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places