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You are given the following information concerning two stocks that make up an index. What is the percentage value-weighted return for the index? Shares Outstanding

You are given the following information concerning two stocks that make up an index. What is the percentage value-weighted return for the index?

Shares Outstanding Beginning of Year Price End of year Price
Kirk, Inc. 49,000 $85 $92
Picard Co. 55,000 44 53

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