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This quiz consists of 5 multiple choice and 5 short answer questions through Hedge Fund.

Multiple Choice Questions

1. What was the end result of Meriwether's Treasury bill deal?
(a) It lost a lot of money.
(b) It frightened his colleagues.
(c) It was not a notable deal.
(d) It made a lot of money.

2. What did a dealer from J.F. Eckstein & Co. want from Meriwether in 1979?
(a) Real estate tips.
(b) Empathy.
(c) A better financial model.
(d) Help.

3. What happened to Meriwether's Treasury bill deal before it was resolved?
(a) Big losses.
(b) It remained steady.
(c) It fell apart.
(d) Huge gains.

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

5. What year did Meriwether hire Myron Scholes?
(a) 1995.
(b) 1994.
(c) 1996.
(d) 1993.

Short Answer Questions

1. How was Meriwether's career affected following the Treasury bill deal?

2. In order for Meriwether's Treasury futures investment to work, what did he need market prices to do?

3. Who became the temporary CEO of Meriwether's group when scandal hit?

4. What type of strategy did Long-Term employ?

5. Where was Robert C. Merton working when Meriwether hired him?

(see the answer key)

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