A) This is now orthodoxy to which I subscribe-up to a point.
B) It emerged from the mathematics of chance and statistics.
C) Therefore, the risk is measurable and manageable.
D) The fundamental concept: Prices are not predictable, but the mathematical laws of chance can describe their fluctuations.
E) This is how what business schools now call modern finance was born.
(2005)

ADCBE

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EBDCA

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ABDCE

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DCBEA

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Solution

The correct option is B EBDCA
Option B
There is a link EB. Statement E introduces "modern finance" and statement B then explains the factors responsible for its emergence. The word "it" in statement B refers to modern finance.
Hence, option B is the correct answer.

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Similar questions

Q. Directions: The question below consist of a group of sentences followed by a suggested sequential arrangement. Select the best sequence.
(A) This is how orthodoxy to which I subscribe - up to a point
(B) It emerged from the mathematics of chance and statistics.
(C) Therefore, the risk is measurable and manageable.
(D) The fundamental concept: Prices are not predictable, bu the mathematical laws of chance can describe their fluctuations.
(E) This is how what business schools now call modern finance was born.

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The correct option is B EBDCAOption B There is a link EB. Statement E introduces "modern finance" and statement B then explains the factors responsible for its emergence. The word "it" in statement B refers to modern finance. Hence, option B is the correct answer.

The correct option is B EBDCA
Option B
There is a link EB. Statement E introduces "modern finance" and statement B then explains the factors responsible for its emergence. The word "it" in statement B refers to modern finance.
Hence, option B is the correct answer.