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Declining values for bonds, the financial vehicles against which inves

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Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 06 Mar 2011, 10:32
5
00:00
A
B
C
D
E

Difficulty:

  55% (hard)

Question Stats:

53% (01:16) correct 47% (01:21) wrong based on 546 sessions

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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?
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 07 Mar 2011, 17:02
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First split "is/are". d and e left. In d "which" is a spoiler. It refers to bonds

E remains.
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 09 Aug 2015, 21:18
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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.
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 09 Aug 2015, 21:22
We 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.

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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 22 Oct 2015, 22:06
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.
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 16 Nov 2016, 11:10
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vivgmat wrote:
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


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
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 12 Mar 2017, 22:03
Experts please elaborate why D is wrong....i did not find any grammatical error in both D& E
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 14 Mar 2017, 11:35
spradhan wrote:
Experts please elaborate why D is wrong....i did not find any grammatical error in both D& E


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.
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 04 Sep 2018, 04:24
vivgmat wrote:
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?


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.
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Re: Declining values for bonds, the financial vehicles against which inves  [#permalink]

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New post 04 Sep 2018, 11:43
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.
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Re: Declining values for bonds, the financial vehicles against which inves &nbs [#permalink] 04 Sep 2018, 11:43
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