Same facts as Exercise 6. But now you expect your tax rate on ordinary income to increase to 50% in year 4. How do your answers in Exercise 6 change? Would you make the Section 83(b) election?...

Same facts as Exercise 6. But now you expect your tax rate on ordinary income to increase to 50% in year 4. How do your answers in Exercise 6 change? Would you make the Section 83(b) election? Evaluate the borrow-and-purchase additional stock strategy.

 Assume the same facts as in Exercise 6. But now you expect your tax rate on ordinary income to decline to 20% in year 3. How do your answers in Exercise 6 change? Would you make the Section 83(b) election? Evaluate the borrow-and-purchase additional stock strategy.