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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.

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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. Enter your answer as a percent rounded to 2 decimal places.) Price per Share Beginning End of of Year Year $ 63 $ 69 122 Shares Outstanding 35,000 32,500 Kirk, Inc. Picard Co. 113 Return %

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