Assume the following information concerning two stocks that make up an index. What is the price-weighted...
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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.) Kirk, Inc. Picard Co. Return Shares Outstanding 38,000 34,000 % Price per Share Beginning of Year $46 76 End of Year $ 51 82 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.) Kirk, Inc. Picard Co. Return Shares Outstanding 38,000 34,000 % Price per Share Beginning of Year $46 76 End of Year $ 51 82
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Related Book For
Fundamentals of Investments Valuation and Management
ISBN: 978-0077283292
5th edition
Authors: Bradford D. Jordan, Thomas W. Miller
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