Bob and Josephine own a quarter section of farmland (160 acres) as joint tenants under state law. They have adult children, Harry and Jenna. In addition, Bob owns $200,000 stock mutual fund in his name only. His will provides that, at his death, all real property will go to Bob's sister, Peggy and all personal property be left equally to Harry and Jenna, share and share alike. Assuming Josephine precedes Bob in death which one of the following statements is correct?
a. Harry and Jenna will inherit Bob's interest in the stock mutual fund and the farmland acreage.
b. The farmland acreage will avoid probate but the stock mutual fund must be probated under state law.
c. Josephine's estate can challenge the disposition of the farmland acreage to Bob's sister, Peggy.
d. Harry and Jenna will inherit Bob's interest in the stock mutual fund and none of his interest in the farmland acreage.
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