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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? Note: Do not

Assume the following information concerning two stocks that make up an index. What is the value-weighted return for the index?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
Shares Outstanding Price per Share
Beginning of Year End of Year
Kirk, Incorporated 33,000 $ 45 $ 50
Picard Company 31,5007581

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