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Question content area top Part 1 Keith and Dena own 3 6 0 and 2 2 0 shares , respectively, of Poly Corporation stock, which
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Keith and Dena own and shares respectively, of Poly Corporation stock, which represent all the shares outstanding. The current market value per share is $ Poly needs capital to expand its operations, and Dena is willing to contribute to Poly silver bullion against which the corporation can borrow operating funds. Dena purchased the bullion years ago, when its cost was a fraction of its current market value.
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How many additional shares must Dena receive in exchange for the bullion to avoid recognizing a gain?
What value of silver bullion should she contribute to Poly in exchange for additional shares?
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