Assume the following information concerning two stocks that


Assume the following information concerning two stocks that make up an index. What is the price-weighted return for the index? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Omit the "%" sign in your response.) Price per Share Shares Outstanding Beginning of Year End of Year Kirk, Inc. 42,000 $ 53 $ 60 Picard Co. 29,500 78 84 Return %

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Financial Management: Assume the following information concerning two stocks that
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