Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index?

value: 10.00 points 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 Beginning Outstanding of Year End of Year $60 Kirk, Inc. $53 42,000 Picard Co. 29,500 Return