Problem 5-4 Price-Weighted Index (LO4, CFA2) Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Kirk, Incorporated Picard Company Return Shares Outstanding 39,000 28,000 % Price per Share Beginning of Year $72 113 End of Year $77 122

Problem 5-4 Price-Weighted Index (LO4, CFA2) Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places