Liv bought shares worth $⁢8,000 in a company’s stock and sold the shares for a capital loss of $⁢550 How much money did Liv receive for the sold stocks?

A capital loss means Liv sold the shares for less than the $8,000 she paid. Subtract the $550 loss from $8,000: $8,000 − $550 = $7,450. Liv received $7,450, which is choice D.

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