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Pearl Corporation, which owns stock in Opal Corporation, had net operating income of $ 1 2 5 , 0 0 0 for the year. Opal
Pearl Corporation, which owns stock in Opal Corporation, had net operating income of $ for the year. Opal pays Pearl a dividend of $ Pearl takes a dividends received deduction of $ Which of the following statements is correct?
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Pearl owns less than of Opal Corporation.
Pearl owns or more, but less than of Opal Corporation.
Pearl owns of Opal Corporation.
Pearl owns more than of Opal Corporation.
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