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What was juan profit

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Question - Assume Juan bought 46 ounces of gold for $8,280 as protection against rising inflation. He sold half the gold in 1980 at a price of $500 an ounce. Juan sold the other half in 1982 when the price was $365 an ounce. What was Juan's profit in 1980 and in 1982?

Reference no: EM133159049

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What was juan profit : Assume Juan bought 46 ounces of gold for $8,280 as protection against rising inflation. What was Juan's profit in 1980 and in 1982
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