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. Omit the "%" sign in your response.)

value: 10.00 points 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. Omit the sign in your response.) Price per Share Shares Beginning End of Outstanding of Year Year Kirk, Inc. 44 49 41,000 Picard Co. 29,000 74 Return