Shen purchased corporate stock for $20,000 on April 10, 2012. On July 14, 2014, when the stock

Question:

Shen purchased corporate stock for $20,000 on April 10, 2012. On July 14, 2014, when the stock was worth $12,000, Shen died and his son, Mijo, inherited the stock. What has to happen to the value of the property while Mijo holds it if he is to tack Shen's holding period onto his own holding period?