View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through The Human Factor.

Multiple Choice Questions

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

2. What was Long-Term's signature trade?
(a) The "mort up".
(b) The "equity vol".
(c) The "small build".
(d) The "shining cat".

3. In its first bad year, what did Long-Term maintain?
(a) A great workforce.
(b) A good reputation.
(c) All of these.
(d) A strong energy.

4. When Russia began to default on its loans, what did people start doing with their high risk bonds?
(a) Buying.
(b) Holding.
(c) Selling.
(d) Trading.

5. What were the models Long-Term used unable to predict?
(a) Investor's exact return.
(b) Market collapse.
(c) All of these.
(d) Long-Term's exact income.

Short Answer Questions

1. How much of the face value of a bond do buyers typically pay?

2. What was the typical scenario for bond investors in 1994?

3. How much money did Meriwether need to start Long-Term?

4. By the end of 1996, what was the status of the credit financing Long-Term wanted?

5. What was the dollar amount of the premium Long-Term paid for its loan?

(see the answer key)

This section contains 202 words (approx. 1 page at 300 words per page) View a FREE sample