Question: please answer both questions. upvote and good feedback will be given for trying and helping. 29. Which one of the following is not true about

please answer both questions. upvote and good feedback will be given for trying and helping.
please answer both questions. upvote and good feedback will be given for
trying and helping. 29. Which one of the following is not true

29. Which one of the following is not true about Long-Term Capital Management L.P. (LTCM)? A. Long-Term Capital Management L.P. (LTCM) was a hedge fund based in Greenwich. B. LTCM was founded in 1994 by John Meriwether, the former vice- chairman and head of bond trading at Salomon Brothers. Members of LTCMs board of directors included Myron S. Scholes and Robert C. Merton. C. Myron S. Scholes and Robert C. Merton shared the 1997 Nobel Memo- rial Prize in Economic Sciences for a new method to determine the value of derivatives". D. Initially successful with annualized return of over 21% (after fees) in its first year, 43% in the second year and 41% in the third year, in 1998 it lost $4.6 billion in less than four months due to a combination of high leverage and exposure to the 1997 Asian financial crisis and 1998 Russian financial crisis. 30. Which one of the following is true about Long-Term Capital Man- agement L.P. (LTCM)? A. Off-the-run bond is traded at a slight premium. B. On-the-run bond is traded at a slight discount. C. Treasurys (of all durations) are issued by the Canadian government to finance the federal budget. Six months or so after they are issued, the bonds become harder to trade. D. On-the-run 30-year Treasury bond is more liquid and desirable. E. One of LTCM's first trades involved the same twenty-year Treasury bond. 29. Which one of the following is not true about Long-Term Capital Management L.P. (LTCM)? A. Long-Term Capital Management L.P. (LTCM) was a hedge fund based in Greenwich. B. LTCM was founded in 1994 by John Meriwether, the former vice- chairman and head of bond trading at Salomon Brothers. Members of LTCMs board of directors included Myron S. Scholes and Robert C. Merton. C. Myron S. Scholes and Robert C. Merton shared the 1997 Nobel Memo- rial Prize in Economic Sciences for a new method to determine the value of derivatives". D. Initially successful with annualized return of over 21% (after fees) in its first year, 43% in the second year and 41% in the third year, in 1998 it lost $4.6 billion in less than four months due to a combination of high leverage and exposure to the 1997 Asian financial crisis and 1998 Russian financial crisis. 30. Which one of the following is true about Long-Term Capital Man- agement L.P. (LTCM)? A. Off-the-run bond is traded at a slight premium. B. On-the-run bond is traded at a slight discount. C. Treasurys (of all durations) are issued by the Canadian government to finance the federal budget. Six months or so after they are issued, the bonds become harder to trade. D. On-the-run 30-year Treasury bond is more liquid and desirable. E. One of LTCM's first trades involved the same twenty-year Treasury bond

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