📕 FREE Guide2025 Quant Firm Tier List

Jane Street Interview Question

Jane StreetAssistant Trader Interview

1 of the Final Round question: there is a token, which works as the following: you can pay XX$ to buy it, and then propose a bet. If you wins the bet, then that's it, and you can keep the token and use it in next round. If you lose the bet, you can use the token to take back half of your money. How much is that token worth based on the chips both side have on that day?

Unlock the Full Solution

Enter your email to get instant access to the complete solution, explanation, and similar practice problems.

Want to ace more quant interviews?

Get access to our comprehensive interview preparation course with hundreds of real interview questions, detailed solutions, and personalized mentorship from quants at top firms.

Start Your Prep Today