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If a shareholder passes the 50% test under Section 302(b)(2) but does not pass the 80% test, the shareholder will receive: a. dividend treatment on

If a shareholder passes the 50% test under Section 302(b)(2) but does not pass the 80% test, the shareholder will receive:

a. dividend treatment on the redemption.

b. sale treatment on the redemption.

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