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Carol had some of her Large Co stock redeemed, as defined in section 317 (b). Does the fact that her stock was redeemed tell

 

Carol had some of her Large Co stock redeemed, as defined in section 317 (b). Does the fact that her stock was "redeemed" tell you the tax consequences to Carol? If not, what code sections would need to be reviewed to determine the tax consequences to Carol? (8 points)

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