One of the major assets in Johns estate is stock in Falcon Corporation, a closely held investment

Question:

One of the major assets in John’s estate is stock in Falcon Corporation, a closely held investment company. Falcon has a large portfolio of ExxonMobil stock, acquired when crude oil was selling for under $20 a barrel. In valuing the Falcon stock for estate tax purposes, what would be an important consideration?

Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...