Two days before the ex-dividend date, A corporation buys 100 shares of B corporation stock(a less than 1% interest)for $200,000. A corporation receives $10,000 of dividends from B corporation. Two weeks after the ex-dividend date, A sells the B corporation stock for $190,000. Which of the following statement is correct?
a. A corporation cannot recognize a capital loss
b. A corporation cannot take a dividends-received deduction on the B dividend.
c. A corporation will be allowed a 70% dividends-received deduction when reporting the B dividend.
d. A corporation will receive no dividends-received deduction because the stock was purchased ex-dividend.