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AA Limited has an 80% ownership interest in BB Limited. BB Limited has a 60% ownership interest in CC Limited. As a result of these

AA Limited has an 80% ownership interest in BB Limited. BB Limited has a 60% ownership interest in CC Limited. As a result of these ownership interests, there is a total ownership interest in CC Limited amounting to:

Select one:

a.20%.

b.12%.

c.52%.

d.40%.

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