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Need EXplanation for a single line

Question asked by kaka on Jul 29, 2015
Latest reply on Jul 29, 2015 by Clive One
i have done bootloader and its jumps.
but i like to know what the below line exactly does, Can anyone explain exactly why we give  0x2FFE0000 and do "and " mask and how it works?

if (((*(__IO uint32_t*)APPLICATION_ADDRESS) & 0x2FFE0000 ) == 0x20000000)

thank you