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The price of Stock A and Stock B at time 0 is $66 and $84 respectively. At time 1, the price of stock A goes
The price of Stock A and Stock B at time 0 is $66 and $84 respectively. At time 1, the price of stock A goes to $58 and price of stock B goes to $90. The number of shares outstanding for stock A and stock B are 450 and 310 respectively. Calculate the rate of return on a market value weighted index of the two stocks. (Do NOT include the \% sign or any other text. Enter your answer as a percent and round your final answer to 2 decimal places, e.g. 110.10)
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