Sunday, October 02, 2011

CNBC Portfolio Challenge Bonus Bucks Answers for Monday, October 3, 2011


CNBC Portfolio Challenge Bonus Bucks Answers for Wednesday, September 21, 2011 and CNBC Million Dollar Portfolio Challenge

1. Australians are expected to splurge A$7.88 billion on pet care services and products in the 2011-2012 financial year. How much are they spending on food per year, according to market research firm IBIS?

ANSWER: A$ 2.8 billion


2. London Metal Exchange is being courted as a possible acquisition target, according to its CEO, Martin Abbott. Which major financial institution now owns a 9.5 percent stake in the exchange?

ANSWER: Goldman Sachs

3. According to CNBC.com’s Best Places to Work on Wall Street, who is the “king” of Wall Street?

ANSWER: Jamie Dimon


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CNBC Portfolio Challenge Bonus Bucks Answers for Monday, October 3, 2011