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Target Corporation exchanges the following assets with a FMV of $1,200,000 and a liabilty of $100,000 for stock of with a FMV of $1,000,000 and
Target Corporation exchanges the following assets with a FMV of $1,200,000 and a liabilty of $100,000 for stock of with a FMV of $1,000,000 and $100,000 cash. Is this a Type C reorganization? If yes, why? OR if no, why not
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