16. Josh has recently died, and you are in the process of valuing assets for inclusion in his gross estate. Josh was a day trader by occupation and owned ABC Stock, a listed security, among his many other investments. On the date of his death, this stock traded between a high of $12 per share and a low of $6 per share, closing at $8 per share. In valuing ABC Stock in Josh's gross estate, what is its appropriate value per share?

A. $8

B. $9

C. $10

D. $12