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Silver Corporation has 2,000 shares of commonstockoutstanding. Howard owns 600 shares, Howard's grandfather owns 300 shares, Howard's mother owns 300 shares, and Howard's son owns
Silver Corporation has 2,000 shares of commonstockoutstanding. Howard owns 600 shares, Howard's grandfather owns 300 shares, Howard's mother owns 300 shares, and Howard's son owns 100 shares. In addition, Maroon Corporation owns 500 shares. Howard owns 70% of thestockin Maroon Corporation.
B. Assume that Howard owns only 40% of thestockin Maroon Corporation. How many shares does Howard own, directly and indirectly, in Silver Corporation?
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