1 the case identifies the 8 elements of buffetts, Ask an Expert

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1. The case identifies the 8 elements of Buffett's self-proclaimed investment philosophy. Does he put his money where his mouth is? Describe one element that is supported by the facts of his investment behavior, and one which is not.

2. At the end of every 3 months, Teresa deposits $100 into an account that pays 4% compounded quarterly. After 2 years, she puts the accumulated amount into a certificate of deposit paying 7.5% compounded semiannually for 1 year. When this certificate matures, how much will Teresa have accumulated?

A) $957.51 B) $891.87 C) $887.58 D) $894.40

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Financial Management, Finance

Category:- Financial Management
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