Question A. Family X holds 55% of shares of a private company Y. Y holds...
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Finance
Question A. Family X holds 55% of shares of a private company Y. Y holds 40% of shares of a listed company Z (the other 60% of the shares of Z are owned by a lot of individual investors). How much cash flow rights on Z (e.g., dividends from Z) does X have?
22%
40%
55%
60%
Almost 100%
How much effective control on Z does X usually have?
22%
40%
55%
60%
Almost 100%
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