A month ago, a well respected sell-side analyst released a report predicting that prices in equity markets will reach

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A month ago, a well respected sell-side analyst released a report predicting that prices in equity markets will reach record highs in the next 12 months. Immediately after the release of the report, some institutional investors who feared a continuing loss of shareholder value publicly expressed optimism in a strong near-term future for equities.

A. who feared a continuing loss of
B. who had feared the continuation of losses of
C. who had feared continuing losses in
D. who feared continuing losses in
E. who had feared a continuing loss of investors'



OA C

Source: Economist Gmat