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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.
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.) price per Share Shares Beginning End of Year $ 43 79 Outstanding of Year Kirk, Inc Picard Co. 32,000 31,000 $ 39 74 Return
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