S&T question "make me a market on the area of the US in square miles, 500k wide"
how do you answer correctly/what the hell does 500k wide mean?
how do you answer correctly/what the hell does 500k wide mean?
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K means thousands, (thank you Sirtrades for correcting me), also make sure to look up how to properly answer these questions. For questions that are similar to this if it is about something you are less familiar make the spread of bid to ask a lot bigger but if you are asked about something you are familiar with tell them and make it a smaller spread. This question in general in my opinion is stupid as fuck but they ask it to see how you think
http://www.wallstreetoasis.com/forums/interview-question-make-a-market-…
k means thousand. Answer within 500,000 sq miles, in other words. The answer should be between your bid-ask. Here's a thread with a decent answer for how to estimate the answer to the sq mileage of the US.
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