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To understand an investor s state of mind and gain important

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To understand an investor s state of mind and gain important [#permalink] New post 12 Feb 2013, 06:46
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A
B
C
D
E

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  25% (medium)

Question Stats:

67% (01:47) correct 33% (00:56) wrong based on 58 sessions
To understand an investor’s state of mind and gain important insights prior to a deal, a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.

(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.
(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment.
C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment.
D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment.
E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor.
[Reveal] Spoiler: OA

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Re: To understand an investor’s state of mind - New Question [#permalink] New post 12 Feb 2013, 07:00
Vercules wrote:
To understand an investor’s state of mind and gain important insights prior to a deal, a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.

(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.
(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment.
C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment.
D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment.
E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor.

OA and topic later to encourage discussions

+1 for D
I ruled out A, B and C because the subject must be the investment banker , otherwise we get a change of meaning..
in E , he or she refers to who ?! Moroever , E is too wordy..
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 12 Feb 2013, 07:46
Vercules wrote:
To understand an investor’s state of mind and gain important insights prior to a deal, a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.

(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.
(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment.
C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment.
D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment.
E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor.

OA and topic later to encourage discussions


IMO D.
First i leaned with C.
but later i realized there is Pronoun ambiguity, even the same with E.

"To understand an investor’s state of mind and gain important insights prior to a deal " is a modifier needs to modify investment banker or investor here. So A is out.

So D will be fine
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 12 Feb 2013, 11:41
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Vercules wrote:
To understand an investor’s state of mind and gain important insights prior to a deal, a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.

(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.
(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment.
C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment.
D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment.
E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor.

OA and topic later to encourage discussions


+1 for D

A is wrong because of "a substantial period of time"
B is changing the subject...subject should be investment banker
C same reason as B
E investor is understanding the investment not investment banker
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 12 Feb 2013, 18:43
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(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment. ---Subject should be investment banker
(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment. --- it is ambiguous who is made fully aware
C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment. -- Same issue as in A
D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment. -- Correct
E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor. --- 'he' or 'she' wrongly refers to investment banker
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 13 Feb 2013, 04:13
Expert's post
Updated the post with OA and OE

Quote:
To understand an investor’s state of mind and gain important insights prior to a deal, a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.


The sentence tells us how to gain useful insights on the investment. The non-underlined modifier should be followed by the subject of the sentence to express the meaning clearly. Therefore the underlined part of the sentence should start with "the investment banker".

(A) a substantial period of time must be spent with the investment banker by the investor to become fully aware of the pros and cons of the investment.

Incorrect, non-underlined part should begin with "the investment banker"

(B) the investment banker and the investor must spend a substantial amount of time together, thus ensuring full awareness of the pros and cons of the investment.

Though, the placement of the subject is correct, the sentence suggests that both "the investor" and "the investment banker" should understand the investor's mind. Moreover the later part of the sentence does not specify whose full awareness is insured. The awareness should be of the investor.

C) the investor must spend a substantial amount of time with his or her investment banker, thus ensuring that he or she has been made fully aware of the pros and cons of the investment.

This sentence illogically suggests that the investor himself would understand his mind, making it sound nonsensical.

D) the investment banker must spend a substantial amount of time with the investor, thus ensuring that the investor is fully aware of the pros and cons of the investment.

Correct: The subject is properly placed after the initial modifier and the later part of the sentence clearly expresses that it is the investor who is assured.

E) the investment banker must ensure that he or she is fully aware of the pros and cons of the investment by spending a substantial amount of time with the investor.

In this choice the placement of investment banker is correct, but the sentence incorrectly suggests that it is the investment banker who should be aware of the pros and cons of the investment as opposed to the investor.

Vercules
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 18 Feb 2013, 02:18
I dont think its a 700 plus level question
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Re: To understand an investor’s state of mind - New Question [#permalink] New post 18 Feb 2013, 02:34
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ishancrazee wrote:
I dont think its a 700 plus level question


Thanks for your input, I have changed the difficulty tag and added a poll for this question on difficulty levels. Do submit your vote

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Re: To understand an investor’s state of mind - New Question   [#permalink] 18 Feb 2013, 02:34
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