An equity analyst needs to select 3 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 7, in how many ways can she choose and rank her top 3 picks?
Select the correct option:
A) 21 B) 35 C) 210 D) 420 E) 840
Number of ways of choosing 3 stocks = 72103   Number of ways of ranking the chosen stocks = 3!   Hence total ways of choosing and ranking = 72103 * 3! = 7!/4! = 7*6*5= 
<gadget id="calculator">7*6*5</gadget>
<output>210</output>
210   210orrect Option: 210
<result>C</result>
An equity analyst needs to select 3 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 7, in how many ways can she choose and rank her top 3 picks?