Knowing your prospective employer's stock price
Question
The interviewer asks what the bank's shares closed at yesterday. Why does this come up, and how should you prepare?
Short answer
Check the firm's recent share price and trend before the interview. The question tests whether you have done basic homework and follow markets. Know the approximate level, recent direction and any news behind it; if you genuinely do not know, say so honestly rather than guessing wildly.
Adapted from Joshi, Denson & Downes, Quant Job Interview Questions and Answers, Q9.8, p.300; question and answer rewritten by SelfMadeQuant.com.
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