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What value per share should be included in Rama gross estate

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Problem - When Rama died in the current year, he owned shares of Orange Corporation which are traded in the over-the-counter market. The market trades before and after Rama's date of death occurred as follows.

 

Per-Share Selling Price

Six days before death

$400

Four days after death

450

Required - What value per share should be included in Rama's gross estate?

Reference no: EM132655081

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