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    Federal Taxation
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    Exam 20: Corporations: Distributions in Complete Liquidation and an Overview of Reorganizations
  5. Question
    Lyon Has 100,000 Shares Outstanding That Are Worth $10 Per
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Lyon Has 100,000 Shares Outstanding That Are Worth $10 Per

Question 47

Question 47

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Lyon has 100,000 shares outstanding that are worth $10 per share.It uses 32% of its stock plus $80,000 to

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acquire Zebra Corporation in a "Type A" ...

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