Question: Question 3 (of 4) value: 25.00 points Problem 5-7 You are given the following information concerning two stocks that make up an index. Assume the

Question 3 (of 4) value: 25.00 points Problem 5-7 You are given the following information concerning two stocks that make up an index. Assume the value-weighted index level was 305.75 at the beginning of the year. 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 Year $ 50 80 Outstanding of Year Kirk, Inc. Picard Co. 41,000 45 75 29,500 Index level References eBook & Resources Worksheet Problem 5-7 20 MacBoolk

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