View a FREE sample

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

Multiple Choice Questions

1. Who gains from working with hedge funds?
(a) Managers.
(b) The government.
(c) Women.
(d) Impoverished countries.

2. Who did most funds have to be registered with?
(a) Most funds did not have to be registered.
(b) SEC.
(c) CFTC.
(d) The Fed.

3. How much money did Meriwether need to start Long-Term?
(a) $2.5 billion.
(b) $1 billion.
(c) $100,000.
(d) $50 million.

4. What hedge fund caused a pound devaluation in Europe but made over a billion dollars?
(a) Millenium Fund.
(b) Quantum Fund.
(c) Treasury Fund.
(d) Endowment Fund.

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

Short Answer Questions

1. Who typically invested in hedge funds?

2. Where was the Long-Term Capital Portfolio stored?

3. During the time period in "Hedge Fund", how many people were millionaires due to the stock market?

4. What did Long-Term expect foreign banks to invest?

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

(see the answer key)

This section contains 187 words (approx. 1 page at 300 words per page) View a FREE sample