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Company X's largest shareholder is Company Y, which owns one out of every 8 outstanding shares of stock of X. Company X in turn owns 27% of Company Z. Another 1/5 of the shares of Company Z are owned directly by Company Y. What portion or fraction of shares of Company Z are owned directly or indirectly by Company Y?
Before you answer, please read this carefully! For your answer, fill in the following blank _______%. Round to the nearest two digit places in terms of percent, but do not type the "%" sign. For example, if you calculate that X owns 0.32567 = 32.567%, you should enter 32.57 as your answer. Note if you answer 0.3257 (instead of 32.57) you would miss this question.
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