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In July 2020, the year of Ralph's death, Ralph's executor properly elects 6166 and has a taxable estate equal to $13,800,000. If the long-term annual

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In July 2020, the year of Ralph's death, Ralph's executor properly elects 6166 and has a taxable estate equal to $13,800,000. If the long-term annual AFR is 3%, how much is the first annual interest payment? (Assume no previous taxable gifts.) $0. $19,200. $20,360. $28,800

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