Will Rockefeller Made $36 MILLION Out of Thin Air
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History, Business
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11th Grade - University
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Hard
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5 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the initial purchase price of Anaconda Copper?
$100 million
$75 million
$39 million
$36 million
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the name of the holding company created after purchasing Anaconda Copper?
Consolidated Copper
United Copper
Amalgamated Copper
Copper Holdings
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How was the value of Anaconda Copper inflated to $75 million?
By investing in new technology
By merging with another company
By using Amalgamated stock for the purchase
By increasing production
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the outcome of selling Amalgamated Copper stock on the market?
The company went bankrupt
It generated $36 million in cash
The stock value decreased
It led to a merger with another company
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What was the total value of the company after the stock market maneuver?
$39 million
$100 million
$36 million
$75 million
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