In a bicycle race, the man who came two places in front of the last man finished one ahead of the man who came fifth. How many contestants were there?
...the man who came two places in front of the last man: Let the last three people in the race be x, y and z. This means our man is x and the last man is z and there is y in between them.
... finished one ahead of the man who came fifth: so x is one position ahead of the 5th guy, that means x is in the 4th position.
So if x is 4th position, y will be 5th position and z will be 6th position. So there are 6 people in the race
In a bicycle race, the man who came two places in front of the last man finished one ahead of the man who came fifth. How many contestants were there?
...the man who came two places in front of the last man: Let the last three people in the race be x, y and z. This means our man is x and the last man is z and there is y in between them.
... finished one ahead of the man who came fifth: so x is one position ahead of the 5th guy, that means x is in the 4th position.
So if x is 4th position, y will be 5th position and z will be 6th position. So there are 6 people in the race
Answer: 6
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A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year.
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