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# Problem Solving: OTC Market

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Problem Solving: OTC Market [#permalink]  21 Sep 2006, 07:28

All stocks on the OTC market are designated by either a 4 letter or 5 letter code that is created by using the 26 letters of the alphabet. Which of the following gives the maximum number of stocks that can be designated /w these codes?

A. 2(26^5)
B. 26(26^4)
C. 27(26^4)
D. 26(26^5)
E. 27(26^5)

thanks.
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It i s 27(26)^4
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Last edited by cicerone on 25 Sep 2008, 00:21, edited 1 time in total.
Manager
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cicerone wrote:
It i s 27(26)^4

Can you show the solution again? Thanks
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