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) Quantifiable.
(c) Unmanagable.
(d) Abstract ideas.

2. In 1994, why did the yield raise on the thirty year Treasury bond?
(a) It dropped 16%.
(b) It rose 5%.
(c) It dropped 10%.
(d) It rose 16%.

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

4. Why did Rosenfeld choose not to co-found Kapor's project?
(a) He was competitive with Kapor.
(b) He was too interested in finance.
(c) He did not like Kapor.
(d) He was too interested in travel.

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

Short Answer Questions

1. What did Black and Scholes use to calculate market change?

2. What did the Black-Scholes model believe was constant?

3. In 1994, what market did Long-Term begin to express an interest in?

4. Who gains from working with hedge funds?

5. Where did Meriwether work in 1979?

(see the answer key)

This section contains 182 words (approx. 1 page at 300 words per page) View a FREE sample