Ms prince wants to create a scholarship in honor of her


Ms. Prince wants to create a scholarship in honor of her parents at the law school from which she received her degree. She could endow the scholarship with $500,000 cash or with $500,000 worth of marketable securities with a cost basis of $318,000. If her AGI is $1.8 million, compare the after tax cost of the two endowment options.

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Financial Management: Ms prince wants to create a scholarship in honor of her
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