You are given the following information concerning two stocks that make up an index Assume...
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You are given the following information concerning two stocks that make up an index Assume that you want to reindex with the index value at the beginning of the year equal to 100. 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 Beginning End of of Year Year $ 62 $ 68 121 Shares Outstanding 43, eee 3 , Kirk, Inc. Picard Co. 112 Answer is complete but not entirely correct. Index level 344.05
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