Arthur transfers property valued at $250,000 to a charitable organization in return for a single life annuity based on his life value at $130,000. arthur’s adjusted basis in the transferred property was $95,000. arthur died two years after the transaction and at the time of his death, the property had a fair market value of $325,000. at the time of the initial transfer, what was arthur’s charitable income tax deduction (ignoring any agi limitations)? $75,000. $120,000. $155,000. $250,000.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?