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Problem 5-6 Reindexing (LO4, CFA2) You are given the following information concerning two stocks that make up an index

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Problem 5-6 Reindexing (LO4, CFA2) 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? (Round your answer to 2 decimal places.) Shares Outstanding 35,000 26,000 Price per Share Beginning End of of Year Year $ 37 $ 42 91 Kirk, Inc. Picard Co. 84 Index level