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.
Per Share
Price
Four trading days prior to Elijah’s death $120
Six trading days after Elijah’s death 100
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.

Answer rating: 100% (QA)

The correct answer is c112 ... View the full answer