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Which of the following is true with respect to capital gains and losses of a corporation? Select one: O a. A corporation can carry a
Which of the following is true with respect to capital gains and losses of a corporation? Select one: O a. A corporation can carry a capital loss forward 5 years. b. A corporation can carry a capital loss back 5 years. C. A corporation can offset ordinary income with capital losses. d. A corporation pays 15 percent long-term capital gains rate, just like an individual
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