F
Ford Motor Co.
What is an option?
A contract to buy or sell something at a future date at a set price
This type of card allows you to barrow money now to pay your expenses in the future
What is a credit card?
He was the former CEO of this bank
What is Barclays?
This is the current fixed-rate 30 year mortgage right now nationwide
What is about 7%?
K
Kellogg
What are calls and puts?
A call option allows you buy an asset at a future date while a put option allows you to sell an asset at a future date.
This card is the safest, with the owner being liable for only $50 in erroneous charges should the card be lost or stolen
What is a credit card?
Before being CEO of a bank, Mr. Diamond worked at this investment bank
What is Credit Suisse (Pacific)?
The Federal Reserve was established this year
When is 1913?
T
AT&T
A typical option contract is to buy/sell how many shares of a stock?
100 shares is the typical contract size
There are this many credit cards (in billions) in circulations.
He went here for college
What is Colby College?
In this year, the S&P 500 saw its greatest drop to date (bonus for what percentage it dropped)
When is 1987? (-20.47%)
X
US Steel
What controls an option's price?
Expiration Date, Distance from Strike Price, Dividend Yield, Interest Rates
This is the highest credit score possible in most modern credit systems.
What is a credit score of 850?
He graduated from CCHS in this year
When is 1969?
This company had the largest revenue in 2023 with a total of $639 billion
What is Walmart?
V
Visa Inc.
What are some benefits to Options?
Protection against unexpected price changes; less money needed upfront; hedging(protecting an asset you are currently holding); selling the option to others
Name three types (not brands) of credit cards:
Answers include: standard, premium, rewards, balance transfer, secured credit, and charge
This strategy was illegally used to defraud the US and UK government of tax dollars
The names of everyone in the room (half points if you can get half)
Answers may vary