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Q15 Single choice

If the closing price of stock X on the first trading day last year was $10, was the closing price of stack X at least $5 on each of the trading days last year?

(1) Last year, the highest closing price of stock X was twice the lowest closing price of stock X.

(2) The highest closing price of stock X last year was $16.

A
Statement (1) ALONE is sufficient, but statement (2) alone is not sufficient.
B
Statement (2) ALONE is sufficient, but statement (1) alone is not sufficient.
C
BOTH statements TOGETHER are sufficient, but NEITHER statement ALONE is sufficient.
D
EACH statement ALONE is sufficient.
E
Statements (1) and (2) TOGETHER are NOT sufficient.

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