Prema purchased 15 ounces of gold in 2005 for $422 per ounce in order to try to
Question:
Prema purchased 15 ounces of gold in 2005 for $422 per ounce in order to try to diversify her investment portfolio. She sold a third of her holdings in gold in 2009 at a price of $944 per ounce. She sold the rest of her gold holdings in 2010 for $1,254 per ounce.
is Prema’s profit in 2009 and 2010?
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