Question: Show me the steps to solve - You are given the following information concerning two stocks that make up an index. Assume the value -
Show me the steps to solve
You are given the following information concerning two stocks that make up an index.
Assume the valueweighted index level was 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 decimal places.
Price per Share
Shares Outstanding Beginning of Year End of
Year
Kirk, Inc. $ $
Picard Co
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