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17-13 Calculating a Return on Investment [LO17-4] Prema purchased 33 ounces of gold in 2005 for $464 per ounce in order to try to diversify
17-13 Calculating a Return on Investment [LO17-4] Prema purchased 33 ounces of gold in 2005 for $464 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 $906 per ounce. She sold the rest of her gold holdings in 2010 for $1,317 per ounce. What is Premas profit in 2009 and 2010
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