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Ted and Alice were in the process of negotiating a divorce agreement. They own bonds...

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Accounting

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Ted and Alice were in the process of negotiating a divorce agreement. They own bonds with a basis of $3,000,000 and a fair market value of $1,800,000. They also own common stock with a basis of $1,100,000 and a fair market value of $1,800,000. Alice is trying to decide whether to receive the bonds or the stock. She has no plans for selling the bonds or stock, whichever she receives. Ted will sell the asset he receives immediately and he also has significant capital gains that year, from other transactions. 4. a. Are the assets of equal value, given the relative plans of her vs. him, and the fact that he has "significant capital gains" already?? b. Which would you advise Ted to receive- the bonds or the stock? c. What would you advise Alice to do

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