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Prior to any redemption, all outstanding shares of Baller Corp. are owned as follows: LeBron owns 146 shares Court Corp. owns 165 shares. LeBron is
Prior to any redemption, all outstanding shares of Baller Corp. are owned as follows:
LeBron owns 146 shares
Court Corp. owns 165 shares.
LeBron is a 60% SH of Court Corp., and Michael (LeBrons brother) is a 40% SH of Court Corp.
Baller Corp. redeems 49 of Court Corp.s shares.
After the redemption, Court Corp. owns ____% of Baller Corp. (directly and through attribution, if any).
Enter your answer as a number rounded to two decimal places (e.g. 34.7698% would be entered as "34.77", not ".35" or "35"). Do not enter the "%" symbol.
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