Assume the following information concerning two stocks that make up an index. What is the price-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 Outstanding	Beginning of Year			End of Year
Kirk, Inc.	39,000	$	55		$	62
Picard Co.	34,500		80			89

Return

%