CMI International, Inc., a Michigan Corporation - Page 10




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          Regs., petitioner did not recognize any gain relating to the swap           
          transaction.                                                                
               All other contentions that have not been addressed are                 
          irrelevant, moot, or meritless.                                             
               To reflect the foregoing,                                              
                                                  Decision will be entered            
                                             for petitioner.                          



































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