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American Corporation had 60% of holdings in the US and 40% of holdings in Europe. If the US holdings appreciated 30% over the last year
American Corporation had 60% of holdings in the US and 40% of holdings in Europe. If the US holdings appreciated 30% over the last year and European holdings appreciated 25%, what is the new weight of the US holdings of the American Corporation?
Group of answer choices
78%
18%
61%
65%
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