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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 Shares Outstanding 41,000 29,000 of Year Year $49 79 Kirk, Ine. Picard Co. $ 44 74 % Return

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