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16. The transferor's holding period for any stock received in exchange for a capital asset under a tax free Sect.351(a) exchange A) begins on the

16. The transferor's holding period for any stock received in exchange for a capital asset

under a tax free Sect.351(a) exchange

A) begins on the day after the exchange.

B) includes the holding period for the property transferred.

C) begins on the day of the exchange.

D) none of the above

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