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All the other answers on Chegg are incorrect. Give me a specific number for the secound box. Problem 19-29 (Algorithmic) (LO. 3) At her death,
All the other answers on Chegg are incorrect. Give me a specific number for the secound box.
Problem 19-29 (Algorithmic) (LO. 3) At her death, Chow owned 55% of the stock in Finch Corporation, with the balance held by family members. In the past five years, Finch has earned average net profits of $1,980,000, and on the date of Chow's death, the book value of its stock is $4,950,000. An appropriate rate of return for Finch's business is in Is 8.45%. If required, round your intermediate computations to the nearest dollar. a. 1f goodwill exists, the total value of Finch stock is $12,758,625 V. What value would the IRS argue that the stock Chow owned should be included in her estate? 1,561,725 x Feedback Check My Work Revenue Ruling 59-60 sets forth the approach, methods, and factors to be considered in valuing the shares of closely held corporation gift and estate tax purposes Step by Step Solution
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