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Kirk, Inc. 35,000 shares outstanding, Price per share: $37 Beg of year, $42 End of year. Picard Co. 26,000 shares outstanding, Price per share: $84

Kirk, Inc. 35,000 shares outstanding, Price per share: $37 Beg of year, $42 End of year. Picard Co. 26,000 shares outstanding, Price per share: $84 Beg of year, $91 End of year. Calculate the index return for the information using a value-weighted index.

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