Assume the following information concerning two stocks that make up an index. What is the value-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. Shares Outstanding 43,000 30,000 Price per Share Beginning End of of Year $ 62 112 Year $ 68 121
Assume the following information concerning two stocks that make up an index. What is the value-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. Shares Outstanding 43,000 30,000 Price per Share Beginning End of of Year $ 62 112 Year $ 68 121
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Assume the following information concerning two stocks that make up an
index. What is the value-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.
Shares
Outstanding
43,000
30,000
Price per Share
Beginning End of
of Year
$ 62
112
Year
$ 68
121
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