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A dividends received deduction is allowed to a shareholder corporation only if: O The dividend was paid by a foreign corporation O The shares of

A dividends received deduction is allowed to a shareholder corporation only if: O The dividend was paid by a foreign corporation O The shares of the dividend payor were purchased by using debt. O None of these answers are correct O The shares of the dividend payor were held for at least 46 days. OIf the shareholder owns 20% or more of the payor's shares

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