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Eric died on July 24, of this year At the time of his death he owned...

Eric died on July 24, of this year At the time of his death he owned 1,000 shares of Jefferson Crab Stock Given the trade prces for Jefferson Crab surrounding Eric's date of death at what value will the Jefferson Crab be included in Eric's gross estate Thursday July 15 $101 Monday July 19 $104 Tuesday July 27 $103 Wednesday July 28 $108 a. $103,286 b. $103,440 c. $103,500 d. $104,000

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Answer #1

Average of values for 2 relevant dates-Monday and Tuesday=[104*2+103*5]/7*1000=103286

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