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Consider the following group structure: Fred Ltd holds 60.0% in Barney Ltd Barney Ltd holds 80.0% in Betty Ltd Betty Ltd holds 55.0% in BamBam

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Consider the following group structure: Fred Ltd holds 60.0% in Barney Ltd Barney Ltd holds 80.0% in Betty Ltd Betty Ltd holds 55.0% in BamBam Ltd Betty Ltd holds 60.0% in Pebbles Ltd Pebbles Ltd holds 55.0% in Dino Ltd. Required: What proportion of Barney Ltd's dividends are attributable to the shareholders of Fred Ltd? (Do not include % sign in your answer, round to two decimal places.)

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