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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Question
Transcribed Image Text:Bob and Jan are married. They have three children: Emily, Jake and Hanna. Emily has a
son, Parker, and Hanna has two sons, Brad and James. Bob died first followed by Jan.
Bob's will left everything to Jan and Jan's will left everything to the children in equal
shares, per capita.
What is the fractional interest to each person?
Emily
Jake
Hanna
Parker
Brad
James
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