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Question Company A owns 40% of Company B Company B owns 30% of Company C Company C owns 20% of Company A Each company has

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Question Company A owns 40% of Company B Company B owns 30% of Company C Company C owns 20% of Company A Each company has a total market capitalization of $200 million. You wish to adjust for cross-holding to reflect the weights of these companies in a market weighted index. What adjustment would you make to reflect the free float

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