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This test consists of 5 multiple choice questions and 5 short answer questions.

Multiple Choice Questions

1. What did the associate who handles the final printing of the prospectus do?
(a) Relaxed and bid his time until it was time to print it.
(b) Gets feed back from the copy center.
(c) Ran around the office like a mad man.
(d) Reads it aloud to the client.

2. On a trip with DLJ, what must have back up?
(a) Hotel rooms.
(b) Car reservations.
(c) All travel arrangements.
(d) Dinner reservations.

3. What do Troob and Rolfe suggest that business school failed to teach the graduates?
(a) How to work with other people.
(b) How to bribe people.
(c) How to compromise.
(d) That they would be spending a lot of time in a copy center.

4. Why do all associates wait eagerly for their reviews?
(a) Reviews determined raises.
(b) It was a shorter work day.
(c) Reviews were generally kind.
(d) They got presents for Christmas.

5. What is the copy center responsible for?
(a) Prospectus printing.
(b) Handouts for meetings.
(c) All pitch books, billings, inserts for the entire company.
(d) Proposal printing.

Short Answer Questions

1. No ___________ is spared in printing the prospectus.

2. How do accountants factor into the prospectus process?

3. Because the analysts and associates work so hard, what was never questioned?

4. Why were client and managing director meetings hated by associates?

5. Where are most European investment banks headquartered?

(see the answer keys)

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