Company X's largest shareholder is Company Y, which owns one out of every 8outstanding shares of stock of X. Company X in turn owns 27% of Company Z.Another1/5of 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.