Five fencers participate in a fencing championship. Assuming all competitors have an equal chance of winning, how many possibilities are there with respect to how a first-place and second-place medal can be awarded? Pick one
A) 6
B) 8
C) 12
D) 16
E) 20
5*4= 
<gadget id="calculator">5*4</gadget>
<output>20</output>
20   The answer is 20.
<result>E</result>
Five fencers participate in a fencing championship. Assuming all competitors have an equal chance of winning, how many possibilities are there with respect to how a first-place and second-place medal can be awarded?