Trader Assistant Interview Questions

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You own land that may or may not have oil underneath. If it does have oil it is worth 100k (20% prob), if it doesn't it is worth 30k. What is the expected value of the land? How much would you sell a contract for this land with a strike of 40k?
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Assistant Trader

Interviewed at Susquehanna International Group

3.8
Mar 29, 2011

You own land that may or may not have oil underneath. If it does have oil it is worth 100k (20% prob), if it doesn't it is worth 30k. What is the expected value of the land? How much would you sell a contract for this land with a strike of 40k?

brainteaser: 30 people are 15 couples. they shake hands, but two people of the same couple don't shake hands with each other. now you know 29 people shake hands with different numbers of people (e.g. one person shakes hands with 4 others, another person shakes hands with 5 people, etc). question: how many people did the 30th person shake hands with?
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Quant Trader

Interviewed at Jane Street

4.4
Oct 6, 2011

brainteaser: 30 people are 15 couples. they shake hands, but two people of the same couple don't shake hands with each other. now you know 29 people shake hands with different numbers of people (e.g. one person shakes hands with 4 others, another person shakes hands with 5 people, etc). question: how many people did the 30th person shake hands with?

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