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Assume Juan bought 42 ounces of gold for $7,140 as protection against rising inflation. He sold half the gold in 1980 at a price of

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Assume Juan bought 42 ounces of gold for $7,140 as protection against rising inflation. He sold half the gold in 1980 at a price of $470 an ounce. Juan sold the other half in 1982 when the price was $400 an ounce. What was Juan's profit in 1980 and in 1982? Juan's profit in 1980 Juan's profit in 1902

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