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need these explained 13. Warren Buffet began buying shares in Berkshire Hathaway in 1962. At that time a share of the company was traded at

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13. Warren Buffet began buying shares in Berkshire Hathaway in 1962. At that time a share of the company was traded at $18.00. A recent price in 2019 was $308,139. Considering only the capital gain (and not the dividends paid) what is the average annual return for this company? 18.65% 15. While on Spring Break, you bought a ticket for the Lotto de Cancun, and you won 3 million Pesos. You are given a choice between receiving a check for 2 million Pesos immediately or taking your winnings in annual instalments over the next 10 years. From a financial perspective, using an annual discount rate of 10%, which is the optimal choice? A. Immediate check B. Annual instalments??????? 16. A broker offers you an investment opportunity that will pay you $5000 a year for the next 5 years, starting 3 years from now. To take advantage ofthis opportunity, you need to invest $14,000 up front. Assuming you require a 12% annual return for this type of investment, should you do it? should be willing to pay for this investment? What is the most you Take the ipxestmcnt Total px is 1468.53 20. A bond with 20 years to maturity, a 10% coupon rate that pays coupons semi-apwuallx, and is selling for $875 will have a yield to maturity of: a. 5.81% b. 10.00% c. 11.43% d. 11.62%

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