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The distinction between qualified dividends and ordinary dividends is: a. Ordinary dividends are taxed at preferential rates. b. There is no distinction. c. Qualified dividends

The distinction between qualified dividends and ordinary dividends is: a. Ordinary dividends are taxed at preferential rates. b. There is no distinction. c. Qualified dividends are taxed at preferential rates and are a subset of ordinary dividends. d. Qualified dividends are excluded from gross income

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