GMAT Focus to make up for non-target?

Would a high GMAT help me to make up for this? How high would it need to be? 805 is obviously ideal, but at what point would it be evident I was an intellectual equal? 705+? I had a 35 ACT. Should that be listed as well? I went in state due to heavy pressure from my parents and I now realize I should have disregarded them but that's in the past. I want to get back on track and do a top MBA anyways so I need to take the GMAT eventually. I am wondering if taking it now and then listing it on applications would help me break into IB?

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