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Danielle and Jonathan are in the 28% marginal tax bracket. They bought 200 shares of DJN stock at $35 per share and sold them 4

Danielle and Jonathan are in the 28% marginal tax bracket. They bought 200 shares of DJN stock at $35 per share and sold them 4 years later in 2012 at $12 per share? How much did their loss reduce their taxes in the year when they sold the stock?

Group of answer choices

$450

$840

$1,288

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