Trading Associate Interview Questions

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There is some amount of money in a box, determined in the following way: 200 fair coins are flipped. Let the number of heads that come up be H. The amount of money put in the box is H*(100-H)/100. How much would you pay for the box?
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Trading Intern

Interviewed at Jane Street

4.4
Nov 19, 2020

There is some amount of money in a box, determined in the following way: 200 fair coins are flipped. Let the number of heads that come up be H. The amount of money put in the box is H*(100-H)/100. How much would you pay for the box?

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