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 8, in how many ways can she choose and rank her top 4 picks?\nOptions:\n(A) 1200\n(B) 1680\n(C) 2102\n(D) 4020\n(E) 1840 Think first, then make a decision. Some random thoughts:
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Number of ways of choosing 4 stocks = 8C4\nNumber of ways of ranking the chosen stocks = 4!\nHence total ways of chosing and ranking = 8C4 * 4! = 1680 So the answer is (B).
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