What is prema profit in 2009 and 2010

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Reference no: EM133337080

Question: Prema purchased 18 ounces of gold in 2005 for $414 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 $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce. What is Prema's profit in 2009 and 2010?

Reference no: EM133337080

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