Exercise 19-15 (LO. 1) When Rama died in the current year, he owned shares of...
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Accounting
Exercise 19-15 (LO. 1)
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 Mean Selling Price
Six days before death
$400
Four days after death
450
What value per share should be included in Rama's gross estate? $
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