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X Plc Owns 90% of the Issued Capital of Y

Question 17

Multiple Choice

X Plc owns 90% of the issued capital of Y Plc and Y Plc owns 70% of the issued capital of Z Plc.What is the total outside equity interest in C Plc?

A) 37%
B) 87.15%
C) 12.85%
D) 63%

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