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aznmistyblue aznmistyblue
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2 years ago
Michelle and Patrick are in the 24% marginal tax bracket.  They bought 100 shares of DJN stock at $45 per share and sold them 4 years later in 2018 at $22 per share?  By how much did their loss reduce their taxes in the year when they sold the stock?

▸ $0

▸ $345

▸ $552

▸ $1,260
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
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rotatorrorotatorro
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2 years ago
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aznmistyblue Author
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2 years ago
This calls for a celebration Person Raising Both Hands in Celebration
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taydav
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Smart ... Thanks!
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