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How much is the gross estate?

How much is the gross estate?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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How much is the gross estate? Ana, Filipina, died in Syria leaving the following properties: House and lot in Syria Vacant lot in Manila P 1,000,000 2,000,000 100,000 Shares of stock in a foreign corp., 70% of the business is located in the Philippines Shares of stock in a domestic 200,000 corp., 60% of the business is located in the Philippines Car in Manila 500,000 P2,000,000 P2,500,000 P2,600,000 P3,800,000 None of the above
Transcribed Image Text:How much is the gross estate? Ana, Filipina, died in Syria leaving the following properties: House and lot in Syria Vacant lot in Manila P 1,000,000 2,000,000 100,000 Shares of stock in a foreign corp., 70% of the business is located in the Philippines Shares of stock in a domestic 200,000 corp., 60% of the business is located in the Philippines Car in Manila 500,000 P2,000,000 P2,500,000 P2,600,000 P3,800,000 None of the above
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