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Which of the following statements is correct regarding a self-canceling installment notes (SCINs) ? The SCIN debt extinguishes at the seller's death At the seller's

Which of the following statements is correct regarding a self-canceling installment notes (SCINs) ?

The SCIN debt extinguishes at the seller's death

At the seller's death, the present value of any remaining SCIN balance is excluded from the seller's gross estate.

A SCIN must reflect a premium interest rate to compensate the seller for the possibility of cancellation

all of the above

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