Question: Problem #11: The implementation of Proposal #1 would generally lead to shareholders: A having to pay tax on the dividend received. B experiencing a

Problem #11: The implementation of Proposal #1 would generally lead to shareholders:

Problem #11: The implementation of Proposal #1 would generally lead to shareholders: A having to pay tax on the dividend received. B experiencing a decrease in the total cost basis of their shares. C having the same proportionate ownership as before implementation.

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