You are given the following information concerning two stocks that make up an index.

Assume that you want to reindex with the index value at the beginning of the year equal to 100. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

value: 10.00 points You are given the following information concerning two stocks that make up an index Assume that you want to reindex with the index value at the beginning of the year equal to 100. What is the index level at the end of the year? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Price per Share Shares Beginning End of Outstanding of Year Year Kirk, Inc. 72 74 39,000 Picard Co. 28,000 115 112 Index level