On 1 June 2020, Shirley gives 5,000 shares in a listed company to her daughter. Shares in
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On 1 June 2020, Shirley gives 5,000 shares in a listed company to her daughter. Shares in the company are quoted at 189p - 197p on that date, with recorded bargains at 190p, 192p and 196p. Calculate the market value of the shares for IHT purposes.
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The quarterup rule gives 189p 14 x 197p 1...View the full answer
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