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. omit the "%" sign in your response.)price per share shares outstanding beginning of year end of yearkirk, inc. 35,000 $ 63 $ 69 picard co. 32,500 113 122

8.54%

Explanation:

Current Index value:

= [current total market value of index stocks] ÷ [Base year total market value of index stocks] × Base year index value

= [(69 × 35000) + (122 × 32500)] ÷ [(63 × 35000) + (113 × 32500)] × 100

= 108.54

Return in percent:

= ( 108.54 - 100 ) ÷ 100

= 8.54%

Therefore, the value-weighted return for the index is 8.54%.

answer; the correct answer is (direct foreign investment);

e would be the answer