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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

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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 Beginning Shares Outstanding of Year End of Year Kirk, Inc. 37,000 $ 52 $57 Picard 27,000 77 82 Co. Return %

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