Junior Equity Research Interview Questions

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A monk has a very specific ritual for climbing up the steps to the temple. First he climbs up to the middle step and meditates for 1 minute. Then he climbs up 8 steps and faces east until he hears a bird singing. Then he walks down 12 steps and picks up a pebble. He takes one step up and tosses the pebble over his left shoulder. Now, he walks up the remaining steps three at a time which only takes him 9 paces. How many steps are there? You are the coach of a basketball team, trying to assess your players’ free throw shooting accuracy. Your two guards each average 60%, but only have 20 attempts each. Your two forwards shoot 70% and each have 40 attempts. Your center is a phenomenal free throw shooter, averaging 90% and because of her aggressive style of play, she has 80 attempts on the season. What is your team’s free throw shooting average?
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Equity Research Associate

Interviewed at Baird

4.2
Jun 18, 2016

A monk has a very specific ritual for climbing up the steps to the temple. First he climbs up to the middle step and meditates for 1 minute. Then he climbs up 8 steps and faces east until he hears a bird singing. Then he walks down 12 steps and picks up a pebble. He takes one step up and tosses the pebble over his left shoulder. Now, he walks up the remaining steps three at a time which only takes him 9 paces. How many steps are there? You are the coach of a basketball team, trying to assess your players’ free throw shooting accuracy. Your two guards each average 60%, but only have 20 attempts each. Your two forwards shoot 70% and each have 40 attempts. Your center is a phenomenal free throw shooter, averaging 90% and because of her aggressive style of play, she has 80 attempts on the season. What is your team’s free throw shooting average?

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