Markets Shmarkets
We were the past two FED chairmen?
Who is Janet Yellen and Jerome Powell
Leading up to elections, the market generally rises when this party is expected to win?
What is the Republican party
WACC, not to be confused with the popular comic book onomatopoeia, stands for this acronym
What is Weighted Average Cost of Capital
MEF was founded in this year?
What is 2007
EBITDA stands for this:
What is Earnings before interest taxes depreciation and amortization
After the Covid 19 Crisis, the current unemployment rate stands at this percentage?
What is 7.9% (within .1% decimal)
This key battleground state has never had a dinosaur fossil found in it
What is Florida
CAPM is calculated by this formula:
What is rf+ Beta(EMR-rf)
This chairman once spent an entire summer spending nights talking to himself as he worked through interview questions
Who is Jim Chappuis
What is cheaper, debt or equity?
What is debt?
When the economy recovers unevenly from a recession that overwhelmingly benefits certain individuals more than others, it is described as a:
What is a K Shape Recovery
If there is a party sweep, bond yields would move in this direction
What is up
Issuing debt would do this to a company's enterprise value
What is nothing
Your current portfolio manager played what part in the kid's version of Charlie and the Chocolate Factory- The Musical?
Who is Mike TV
The total % of an IPO that syndicate can use as a greenshoe is this:
What is 15%
Comprised of 12 individuals, who meet eight times a year to review economic and financial conditions, this institution name is:
What is the Federal Open Markets Committee (FOMC)
If Joe Biden were elected, this state would be the first state to ever have a president be native to it
What is Delaware
The Gordon Growth perpetuity approach has an equation that goes by:
What is (FCF (year 6))/(WACC-g)
Your current Chairwoman has crashed this amount of cars
What is two cars
Adjusted EBITDA includes these changes:
What is non core operating profits/expenses
Three of the many methods the FED took during the 2008 financial crisis include:
What is lowering the Fed Funds Rate to 0, announcing a $700 billion QE program, implementing multiple facilities to bring liquidity to the credit markets such as a Commercial Paper Funding Facility, a Money Market Liquidity Facility, and Primary/Secondary Market Facilities
In total, there are this many electoral college votes at stake tonight
What valuation model typically creates the lowest valuation?
What is LBO
To the nearest thousand, the MEF porftolio currently stands at...
What is 282 thousand
**Daily Double**
Who is George Soros