Thursday, December 01, 2011

CNBC Portfolio Challenge Bonus Bucks Answers for Friday, December 2


1. According to Ilian Mihov, a professor of Economics at the INSEAD business school, Italy will have to refinance what percentage of its total debt in 2012.

ANSWER: 20%

2. What major government official told a news conference on Thursday that the United Kingdom is preparing itself for a wide range of European financial crises?

ANSWER: Bank of England Governor Mervyn King

3. According to a new report, how many days delinquent is the average housing loan in foreclosure?

Answer: 631 days


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Original content Bob DeMarco, All American Investor