This online platform is a useful networking tool for finding contacts.
What is LinkedIn
100
This type of security represents ownership in a company and represents a residual claim on the company's assets and earnings.
What is a stock.
200
Valuation method where you project out free cash flow, derive a terminal value, and a net present value.
What is Discounted Cash Flow Analysis.
200
Asset managers are said to be on the __-side, whereas the investment banking group of functions are said to be on the __-side.
What is buy, sell
200
A financial institution that has recently come under scrutiny and investigation for fraudulent account openings.
What is Wells Fargo.
200
The core focus of networking is to build and maintain __.
What are relationships.
200
A larger-coupon paying debt security with a lower credit rating due to higher risk of default.
What is a high-yield bond.
300
A monetary policy in which a central bank purchases securities in order to lower interest rates and increase the money supply.
What is Quantitative Easing
300
A job function where one is required to analyze securities and value them to arrive at an overweight, neutral or underweight opinion.
What is investment research.
300
To the nearest dollar, what is the current price of WTI crude oil?
What is $49
300
The level in the bank hierarchy where you should begin networking regarding the firm and opportunities you are interested in exploring.
What is an analyst.
300
A security which gives you the right but not the obligation to purchase the underlying at a specified price on or before a specified date.
What is a call option.
400
Which is cheaper, debt or equity, and why? (hint: need both reasons)
What is Debt; Precedence in the capital structure, Interest expense is tax deductible
400
A common exit opportunity for Investment Bankers that includes functions such as Treasury and FP&A.
What is Corporate Finance.
400
Following the presidential election, equity prices have gone __, while bond yields have gone __.
What is up, up.
400
The strongest way to meet a new contact by way of introduction.
What is a referral.
400
A derivative instrument in which two parties, based on a notional amount, exchange fixed-rates and floating-rates.
What is an interest rate swap.
500
Give 2 reasons why equity prices would typically fall after an interest rate hike?
What is 1) Higher Rates = Higher Discount Rate = lower PV of future cash flows = lower valuation; 2) less attractive on risk-adjusted basis relative to bonds
500
In S&T, the sell-side function of providing liquidity by actively buying and selling on behalf of your clients.
What is market making.
500
Recently, the __ section and __ section of the WSJ newspaper were merged into the Business & Finance section.
What is Money & Investing, Business & Technology
500
__ falls on the top-left ("hottest") corner of the contact emphasis heat matrix. (Hint: the answer includes a title and type of connection).
What is a MD, Personal Connection.
500
A U.S. government backed security where the principal is indexed to inflation in order to protect investors from the negative effects of inflation.
What are Treasury Inflation-Protected Securities (TIPS).