Why does this polymorphic C# code print what it does?

Question

I was recently given the following piece of code as a sort-of puzzle to help understand Polymorphism and Inheritance in OOP - C#.

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Answer 1

Actually, I think it should display C, because new operator just hides all ancestor methods with the same name. So, with methods of A and B hidden, only C remains visible.

http://msdn.microsoft.com/en-us/library/51y09td4%28VS.71%29.aspx#vclrfnew_newmodifier