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MelissaCo has four equal shareholders who each own 1000 shares. Rebecca and individual Jennifer Rebecca's daughter ChristianCo, A C corporation, in which Rebecca and Jennifer

MelissaCo has four equal shareholders who each own 1000 shares. Rebecca and individual Jennifer Rebecca's daughter ChristianCo, A C corporation, in which Rebecca and Jennifer each own 10%; and Iceland LLP, and unrelated partnership. How many shares is Jennifer considered to own for purposes of applying the substantially disproportionate test of section 302?  

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