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tom’s estate includes the following assets
1- 50% shares in racehorse valued 150k
2- cash winnings o betting racehorsing of 40k
3-his main residence valued at 875k which has outstanding repayment mortagage of 500k. what is the net value to be included in tom’s chargeable death estate ?
available ans options given are
0,40k,150k,200k,375k,700k,875k
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