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A mutual fund having billions of dollars in assets will [#permalink]
 19 Jul 2012, 15:38
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Question Stats:
69% (01:47) correct
30% (00:52) wrong based on 13 sessions
A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation. (A) companies, rarely holding more than one percent (B) companies, and it is rare to hold at least one percent or more (C) companies and rarely do they hold more than one percent (D) companies, so that they rarely hold more than one percent (E) companies; rarely do they hold one percent or more
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Re: A mutual fund having billions of dollars in assets will [#permalink]
19 Jul 2012, 18:29
Are you sure OA is 'A'? I'm leaning towards C. Please clarify.
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Re: A mutual fund having billions of dollars in assets will [#permalink]
19 Jul 2012, 18:34
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A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation. (A) companies, rarely holding more than one percentThe clause 'rarely holding...' correctly modifies the subjet 'mutual fund.' (B) companies, and it is rare to hold at least one percent or moreHere the 'it' is vague and unnecessary. (C) companies and rarely do they hold more than one percentWho is the 'they'? If we are referring to the companies than doing so is misleading. The original sentence makes it clear the mutual fund is doing the holding. (D) companies, so that they rarely hold more than one percentSame as (C). (E) companies; rarely do they hold one percent or moreOnce again, the misleading 'they.'
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Re: A mutual fund having billions of dollars in assets will [#permalink]
19 Jul 2012, 18:54
Chris, I didn't know for 'that' clause, you can use Ing-modifier. I somehow felt the choice 'A' awkward or fragment. Thanks.
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Re: A mutual fund having billions of dollars in assets will [#permalink]
19 Jul 2012, 20:06
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betterscore wrote: A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation.
(A) companies, rarely holding more than one percent
(B) companies, and it is rare to hold at least one percent or more
(C) companies and rarely do they hold more than one percent
(D) companies, so that they rarely hold more than one percent
(E) companies; rarely do they hold one percent or more Very good question, Meaning,A big MF company invests money | in many corporations | so that its investment remains around 1% in each corporations. Structure,A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation.,rarely holding is for Mutual fund NOT companies having billions of dollars - holding (verb+ing) modifier is showing an action of the subject MUTUAL FUND
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Re: A mutual fund having billions of dollars in assets will [#permalink]
20 Jul 2012, 11:19
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betterscore wrote: A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation.
(A) companies, rarely holding more than one percent
(B) companies, and it is rare to hold at least one percent or more
(C) companies and rarely do they hold more than one percent
(D) companies, so that they rarely hold more than one percent
(E) companies; rarely do they hold one percent or more Subject is " A mutual fund"............."holding more than............." modifies subject ' A mutual fund' C, D & E straight out as it uses plural "they" B uses wrong idiom " at least or more" and "it is rare....." construction is awkward. A is correctly using verb-ing modifier. Am
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Re: A mutual fund having billions of dollars in assets will [#permalink]
20 Jul 2012, 11:22
Good job thevenus and ChrisLeLe. The adjective clause rarely holding...., IMO, modified the whole clause preceded it as the consequence of investing in hundreds of companies.
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Re: A mutual fund having billions of dollars in assets will [#permalink]
20 Jul 2012, 11:40
is rarely acting as advaeb modifying the verb holding?
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Re: A mutual fund having billions of dollars in assets will [#permalink]
22 Jul 2012, 08:13
A simple open and shut case. ‘A mutual fund’ is singular and the use of ‘ they’ is subject –pronoun mismatch. Therefore, C, D, and E are gone. Between A and B, the word 'at least' distorts the meaning in B. ' Rarely holding more than one percent' is not the same 'rarely holding at least one percent'. So A
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Re: A mutual fund having billions of dollars in assets will [#permalink]
16 Nov 2012, 00:30
Pls read my post below for clarification.
Last edited by Archit143 on 15 Dec 2012, 13:02, edited 1 time in total.
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Re: A mutual fund having billions of dollars in assets will [#permalink]
16 Nov 2012, 02:11
Archit143 wrote: Pls help me to get my logic clear.
I read in one of the posts of dagh or vipps dont remem exactly that we should look for a conjunction after a comma.
Though i got A as correct answer, which is also the OA.
Pls help me to get my logic cleared on this topic.
Also pls correct me if i am wrong is the above mentioned error considered "run on" Hi Archit!! Above is not a run on sentence, later part of the sentences is a modifier modifying the subject of the clause. We use conjunction after a comma to join two clauses.
For more details please check below link:http://www.writingcentre.uottawa.ca/hyp ... junct.htmlHope this helps.
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Re: A mutual fund having billions of dollars in assets will [#permalink]
15 Dec 2012, 12:57
After referring to various prep materials and getting myself clear on logic.
Here is my take on the above question.
Meaning:- A mutual fund investing company will invest in hundreds of companies but does not holds more than !% share of any one company.
Now since i analyzed the meaning A, seems to be lucid and clear as the phrase after the comma starting with rarely is an adverbial phrase and is modifier, modifying Companies. is correct.
B distorts the meaning as it says it is rare to hold more than 1% or more.......It means the company has got share of few companies that is more than 1% , its not the intended meaning.
I read Chris lee mentioned It is vague absolutely not. It appears at the starting of independent clause. it is farely correct to mention It at the beginning of sentence.
In C , D and E they refers to Companies whose share the Mutual investment company holds. It is wrong, In fact it should refer to A mutual fund...
Hence correct answer is A!!
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Re: A mutual fund having billions of dollars in assets will [#permalink]
13 Jan 2013, 11:02
ChrisLele wrote: A mutual fund having billions of dollars in assets will typically invest that money in hundreds of companies, rarely holding more than one percent of the shares of any particular corporation.
(A) companies, rarely holding more than one percent
The clause 'rarely holding...' correctly modifies the subjet 'mutual fund.'
(B) companies, and it is rare to hold at least one percent or more
Here the 'it' is vague and unnecessary.
(C) companies and rarely do they hold more than one percent
Who is the 'they'? If we are referring to the companies than doing so is misleading. The original sentence makes it clear the mutual fund is doing the holding.
(D) companies, so that they rarely hold more than one percent
Same as (C).
(E) companies; rarely do they hold one percent or more
Once again, the misleading 'they.' ChrisLele, Can you please clarify your explanation for Option B ? How the 'it' is vague ? I ruled out B more on the meaning prospective than what you have explained.
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Re: A mutual fund having billions of dollars in assets will
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13 Jan 2013, 11:02
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