1. Fred and Ingred (married) have identified five possible ways that they could effect the transfer of the deli to Molly (their daughter-in-law).Describe the transfer methods and the advantages and disadvantages to the parties.
a) Outright gift
b) Private annuity
c) Self- canceling installment note (SCIN)
d) Grantor retained annuity trust
e) Family limited partnership
2. Assume Marvin's Section 401(k) plan balance of $10,000 is equally invested in two mutual funds. Mutual Fund A has a standard deviation of 8%, and Mutual Fund B has a standard deviation of 11%. Assume the correlation coefficient of the funds is 75%. Calculate the standard deviation of the two-asset portfolio.