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The mid-month convention applies to .... a. assets purchased during the last 3 months whose aggregate basis exceeds 40% of the aggregate basis of assets

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The mid-month convention applies to .... a. assets purchased during the last 3 months whose aggregate basis exceeds 40% of the aggregate basis of assets purchased during the year. b. assets other than buildings purchased during the last 3 months whose aggregate basis exceeds 40% of the aggregate basis of assets other than buildings purchased during the year. c. buildings. d. buildings and land

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