An equity analyst needs to select 4 stocks for the upcoming year and rank these securities in terms of their investment potential. If the analyst has narrowed down the list of potential stocks to 5, in how many ways can she choose and rank her top 4 picks?\nOptions:\n(A) 210\n(B) 350\n(C) 110\n(D) 120\n(E) 840 Now, let's think a bit. Some random thoughts:
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Number of ways of ch0osing 4 stocks = 5C4\nNumber of ways of ranking the chosen stocks = 4!\nHence total ways of chosing and ranking = 5C4 * 4! = 120
The final answer: (D).
Assistant