Rick, a father, owns a registered corporate coupon bond which he purchased years ago for $8,000. It has a $10,000 face amount and the current fair market value of the bond is $9,000. The bond pays 8% interest, semi-annually on April 1st and October 1st (i.e., $400 each payment). What tax consequences to Rick and his daughter, Jessica, in the following alternative situations?

Note: If interest was paid for the period ending April 1, then a transfer on April 2 would not have any accrued interest as the new owner would deem to earn the interest starting on April 2.

(a) On April 2, Rick gifts Jessica all the remaining future interest coupons but retains ownership of the bond.

(b) On April 2, Rick gifts Jessica the bond with the right to all the interest coupons.

(c) On December 31, Rick gifts Jessica the bond with the right to all the interest coupons.

(d) On April 2, Rick gifts Jessica a one-half interest in the bond and the right to all the interest coupons.

(e) On April 2, Rick sells the bond to his brother and directs that the $9,000 sale price be paid to Jessica.