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This quiz consists of 5 multiple choice and 5 short answer questions through Tug-of-War.

Multiple Choice Questions

1. What did Black and Scholes think price changes were?
(a) Random events.
(b) Dangerous.
(c) Common occurences.
(d) Smart corrections.

2. How much did the accounts for investors increase in 1994?
(a) 50%.
(b) 10%.
(c) 5%.
(d) 20%.

3. What did Black and Scholes use to calculate market change?
(a) Calculus and computer models.
(b) In depth financial patterns.
(c) History.
(d) Meriwether's advice.

4. Where was David W. Mullins working when Meriwether hired him?
(a) Salomon Brothers.
(b) The United Nations.
(c) Yale School of Finance.
(d) Federal Reserve.

5. Where did Meriwether work in 1979?
(a) Lehman.
(b) Long-Term.
(c) Salomon Brothers.
(d) Merrill Lynch.

Short Answer Questions

1. What did Meriwether do with his staff?

2. What did the letter Meriwether sent to his clients claim it was difficult to do with Long-Term?

3. Who ran the London office for Long-Term?

4. How much money did Rosenfeld's business bring in?

5. How much did Long-Term earn in its first year of operation?

(see the answer key)

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