The company is in bankruptcy and has no dividends to pay; however, if

Question

The company is in bankruptcy and has no dividends to pay; however, if the merger with the larger company is successful, shareholders could receive  from 10 cents on the dollar up to 40 cents on the dollar  for their stock.

(A) from 10 cents on the dollar up to 40 cents on the dollar
(B) from 10 cents of the dollar to 40 cents of the dollar
(C) from 10 cents on the dollar and 40 cents on the dollar
(D) from 10 to 40 cents of the dollar
(E) from 10 to 40 cents on the dollar

ggarr · Answer

b/w D and E for me. I'm gonna go with  E . I hear people say "x on the dollar" all the time. That may be reason enough not to choose it.

mylady · Answer

I'd go for E.

'A' would have been good if it was "10 cents on the dollar to 40 cents on the dollar". The "up" is tipping me off...

excelgmat · Answer

E. I believe- 'of' the dollar.

praetorian-what is the answer.
Thanks

kripalkavi · Answer

(A) from 10 cents on the dollar up to 40 cents on the dollar
(B) from 10 cents of the dollar to 40 cents of the dollar
(C) from 10 cents on the dollar and 40 cents on the dollar
(D) from 10 to 40 cents of the dollar
(E) from 10 to 40 cents on the dollar

- Need 'on the dollar'. B , D out.
- Need 'from - to' C out
- A is a little wordy though I can't see anything  wrong  with it.

 E it is. 


Praetorian, these are some real tough SCs!!!

ak_idc · Answer

A, B, C are ruled out.

"on the dollar" sounds better.

E is my answer too.

mbagal1 · Answer

I am going with E also. 

"of the dollar" seems unnecessary when used in D, might as well just say 10 to 40 cents and ignore the dollar.

mst · Answer

Hmmm...
so when you say 40 cents on the dollar, it means $1.40 and 40 cents of the dollar would mean 40 cents?

Or is "on the dollar" usage wrong? But I think it is very common to say on the dollar.

baski6 · Answer

I'm bit late but picked only D.

of the dollar only.

Your questions are really good.Please post more ....

venkivety · Answer

Plz provide expert reply to this post

curiousnarayan · Answer

5) The company is in bankruptcy and has no dividends to pay; however, if the merger with the larger company is successful, shareholders could receive from 10 cents on the dollar up to 40 cents on the dollar for their stock.

(A) from 10 cents on the dollar up to 40 cents on the dollar 
(B) from 10 cents of the dollar to 40 cents of the dollar 
(C) from 10 cents on the dollar and 40 cents on the dollar 
(D) from 10 to 40 cents of the dollar 
(E) from 10 to 40 cents on the dollar

DmitryFarber · Answer

"On the dollar" means "in exchange for/in correspondence with" a dollar. So someone who is paid 10 cents on the dollar earns 10c for something that would otherwise have earned them a dollar. This is a fairly common idiom used to describe discounts. It can also be used to describe relative earnings, such as when people lament that women are paid, on average, 72 cents on the dollar compared with men.

That leaves A and E. There's nothing actually wrong with A. E is more concise, but a valid GMAT question is unlikely to hinge on that.

That leaves A and E. There's nothing actually wrong with A. E is more concise, but a valid GMAT question is unlikely to hinge on that.

pankulbansal · Answer

Why is A wrong? Only because it is using a lot of words? Or does it have something to do with the word "upto" also?

VerbalBot · Answer

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The company is in bankruptcy and has no dividends to pay; however, if

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The company is in bankruptcy and has no dividends to pay; however, if

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