Declining values for bonds, the financial vehicles against which inves

Question

Declining values for bonds,  the financial vehicles against which investors hedge to get through the bear market, is  going to force currency trading to increase.

(A) the financial vehicles against which investors hedge to get through the bear market, is

(B) which investors use as financial vehicles to hedge against to get through the bear market, is

(C) the financial vehicle which is hedged against by investors to get through the bear market is

(D) which investors use as financial vehicles to hedge against to get through the bear market, are

(E) the financial vehicles against which investors hedge to get through the bear market, are

Does anyone have an explanation? I realized you can eliminate A B C because they use "is" and you need "are" to keep it plural. I know that D sounds a but funny having "to hedge against to get through" however I chose D because I wanted to use which because without that part of the sentance the santence would still make sense?

gmat1220 · Answer

First split "is/are". d and e left. In d "which" is a spoiler. It refers to bonds

E remains.

OptimusPrepJanielle · Answer

In the option D, "which" refers to "Declining values for bonds" rather than referring to Bonds. 
This does not makes sense as the investors use the bonds as the financial vehicles, not the declining values of bonds.

daagh · Answer

W e can simply dispense with A, B and C for using the singular verb ‘is’ rather than ‘are’. Between D and E, 
 
d.) which investors use as financial vehicles to hedge against to get through the bear market, are – Here although the pronoun 'which’ refers to the bonds technically, logically it refers to the 'declining values' that the investors are using as a hedge. It makes no sense to say that a declining value is used as a hedge.
 
e.) the financial vehicles against which investors hedge to get through the bear market, are ---  The appositive modifier sets the tone correct by directly referring to the bonds that are used as hedge.

daagh · Answer

On second thoughts, the reason for D’s exclusions seems to be for more deep than apparent. While in regard to the referent for ‘which’ in D, it makes more sense to say that the phrase ‘the financial vehicle’ does stand for the bonds more eligibly than for the declining values, technically as well as logically. After all, bonds are financial vehicles and the noun sits smugly before the pronoun ‘which’. Logically a declining value can never be a financial instrument or a hedge.

There is an element of redundancy inherent in D. When we use something to get through something, the usage itself is known as hedging. There is no need to say again ‘use to hedge’ as in ‘D’. The simultaneous usage that ‘use the bonds to hedge’ is redundant. We can as well avoid the phrase ‘to hedge’ in D.

E subtly avoids redundancy and is a better choice. This is an example of how deep the GMAT can get.

Abhishek009 · Answer

Declining values for bonds, the financial vehicles against which investors hedge to get through the bear market, are going to force currency trading to increase. 1. Declining Values -----> Are 2. Declining values of bonds ---> against which investors hedge Hence, (E) is the best... Similar question to practice - declining-values-for-farm-equipment-and-land-the-collateral-129205.html

spradhan · Answer

Experts please elaborate why D is wrong....i did not find any grammatical error in both D& E

sayantanc2k · Answer

The difference between D and E has already been explained by kivalo above, though in my opinion, this difference is not a solid reason to eliminate D. Other than this slight change in meaning, I do not see any problem with option D.

Bunuel · Answer

MANHATTAN REVIEW OFFICIAL EXPLANATION:

Because ‘values’ is plural, you need the plural form of the verb ‘to be’. Eliminate A, B and C. The placement of the preposition ‘against’ in E is better than in D. Prepositions should not come at the end of phrases. Choice E is the correct answer.

mitrakaushi · Answer

Couldn't agree with any of the answers. 'Declining values for bonds', is not plural; values or bonds are not the subject, the subject is the clause as a whole, which is singular.

VerbalBot · Answer

Hello from the GMAT Club VerbalBot!

Thanks to another GMAT Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).

Want to see all other topics I dig out? Follow me (click follow button on profile). You will receive a summary of all topics I bump in your profile area as well as via email.

Declining values for bonds, the financial vehicles against which inves

Prep Toolkit

Top 5 GMAT Debrief Videos

615 to 715 in 15 Days (Ria's Strategies)

More than Quant/Verbal Abilities: Speed vs. Accuracy

745 with Only Self-Prep and GMAT Club

From 555 to 765: 210-point Improvement

Perfect 805 Score Debrief by Julia

My Rewards

GMAT Sentence Correction (SC - EA only) Questions

Declining values for bonds, the financial vehicles against which inves

Prep Toolkit

615 to 715 in 15 Days (Ria's Strategies)

More than Quant/Verbal Abilities: Speed vs. Accuracy

745 with Only Self-Prep and GMAT Club

From 555 to 765: 210-point Improvement

Perfect 805 Score Debrief by Julia

My Rewards