At the Time of Elijah's Death, He Owned Stock in Grey

question 3

Multiple Choice

At the time of Elijah's death, he owned stock in Grey Corporation. The stock is traded on a local exchange with the most recent selling prices as follows. Presuming no alternate valuation date election, Elijah's gross estate should include a per share value of:

• A) $108.
• B) $110.
• C) $112.
• D) $120.
• E) None of the above.

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