View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Dear Investors.

Multiple Choice Questions

1. Meriwether believed that risk and volatility were what?
(a) A part of life.
(b) Abstract ideas.
(c) Unmanagable.
(d) Quantifiable.

2. In the 1970's, what type of trading was considered dull?
(a) Bond.
(b) Corn.
(c) Securities.
(d) Gasoline.

3. Where was Robert C. Merton working when Meriwether hired him?
(a) NASA.
(b) Wall Street.
(c) The Federal Exchange Commission.
(d) Harvard.

4. What unusual event happened when Meriwether began working with Treasury futures?
(a) The U.S. government collapsed.
(b) The price fell.
(c) The price rose.
(d) He lost millions.

5. What was the typical scenario for bond investors in 1994?
(a) Loss.
(b) Minimal gains.
(c) Substantial gains.
(d) Few invested in bonds.

Short Answer Questions

1. What was Meriwether's team allowed to do, following the Treasury bill deal?

2. What is the method of paying a percentage of a bond called?

3. How much did the accounts for investors increase in 1994?

4. How much did Long-Term plan to take from its profits?

5. What happened to Meriwether's Treasury bill deal before it was resolved?

(see the answer key)

This section contains 176 words (approx. 1 page at 300 words per page) View a FREE sample