Determine the most appropriate strategy that can generate liquidity and accomplish Omo’s goals. Justify your response.

Jing asks Omo about his plans for the shares of his previous employer’s company. Omo tells Jing that he would like to use the shares to fund charitable donations and to provide income for his children; however, he is concerned about adverse personal tax implications relating to those goals. Omo indicates that he is willing to cede control of the shares to meet these goals.

Tesando Omo is a highly successful entrepreneur. The software company that he started five years ago is now worth \($200\) million. It is a private company, and he is the controlling owner, with a 60% equity share. His only other investment is a position in the publicly traded shares of his previous employer, which he acquired by exercising stock options six years ago. This publicly traded share position has substantially increased in value and is now worth \($36\) million.

Omo recently sought financial advice from Umae Jing. After discussing Omo’s personal situation and financial goals, Jing expresses concern about Omo’s current portfolio and points out several important risk and tax-related considerations that are relevant to Omo’s portfolio.

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Determine the most appropriate strategy that can generate liquidity and accomplish Omo's goals. (Circle one.) Strategy 1 Strategy 2 Strategy 3 Justify your response.