The property of a decedent must be valued at Fair Market Value. Match the valuation methods with the assets below:

Group of answer choices

Public Company Stock

[ Choose ] Use the average of the highest and lowest selling prices on the stock exchange on the date of death. Use guidance from Revenue Ruling 59-60, which includes methods such as book value and earning capacity Use appraisal guidance including: comparable sales, reproduction cost, and capitalization of earnings. Actuarial tables

Non publicly traded stocks

[ Choose ] Use the average of the highest and lowest selling prices on the stock exchange on the date of death. Use guidance from Revenue Ruling 59-60, which includes methods such as book value and earning capacity Use appraisal guidance including: comparable sales, reproduction cost, and capitalization of earnings. Actuarial tables

Real Estate

[ Choose ] Use the average of the highest and lowest selling prices on the stock exchange on the date of death. Use guidance from Revenue Ruling 59-60, which includes methods such as book value and earning capacity Use appraisal guidance including: comparable sales, reproduction cost, and capitalization of earnings. Actuarial tables

Annuities

[ Choose ] Use the average of the highest and lowest selling prices on the stock exchange on the date of death. Use guidance from Revenue Ruling 59-60, which includes methods such as book value and earning capacity Use appraisal guidance including: comparable sales, reproduction cost, and capitalization of earnings. Actuarial tables