View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through On the Run.

Multiple Choice Questions

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

2. In order for Meriwether's Treasury futures investment to work, what did he need market prices to do?
(a) Converge.
(b) Remain the same.
(c) Fluctuate drastically.
(d) None of these.

3. What was J.F. Eckstein & Co. primarily working on in 1979?
(a) Bonds.
(b) Stocks.
(c) Treasury Bill futures.
(d) IO's.

4. During the time period in "Hedge Fund", how many people were millionaires due to the stock market?
(a) 1 million.
(b) 20 million.
(c) 5 million.
(d) 6 million.

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

Short Answer Questions

1. What did Meriwether do with his staff?

2. What type of funds gained popularity in the 1990's?

3. What affected bond trading in the 1970's?

4. How long did Long-Term expect their investors to commit?

5. Where was David W. Mullins working when Meriwether hired him?

(see the answer key)

This section contains 166 words (approx. 1 page at 300 words per page) View a FREE sample