Which, if any, of the following items characterizes the election to defer Federal estate tax payments relative to an interest in a closely held business?

multiple choice :

a.The 2% rate of interest applies to the total amount of estate tax value.

b.No estate tax due need be paid for the first 5 years.

c.In satisfying the more-than-35% test for qualification, all interests in closely held businesses can be aggregated.

d.No interest needs to be paid for the first 5 years.