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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 Beginning End of of Year Year $ 44 $ 49 74 79 Shares Outstanding 41,000 29,000 Kirk, Inc. Picard Co. Return %
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