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please answer MUM owns a parcel of land she acquired on May 31, 2011, as...

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Accounting

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MUM owns a parcel of land she acquired on May 31, 2011, as an investment. She exchanges the land on October 4, 2020, for a storage building to be used in her business and marketable securities to be held as an investment. The marketable securities' holding period begins on A) May 31, 2011 B) June 1, 2011 C) October 4, 2020 D) October 5, 2020

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