Question: A security purchased on September 30 would become long term on (A) September 30 of the following year (B) September 31 of the following year

A security purchased on September 30 would become long term on

(A) September 30 of the following year

(B) September 31 of the following year

(C) October 1 of the following year

(D) December 31 of the current year

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