In a Dutch auction of 10,000 options, bids are as follows A bids $30 for 3,000 B
Question:
A bids $30 for 3,000
B bids $33 for 2,500
C bids $29 for 5,000
D bids $40 for 1,000
E bids $22 for 8,000
F bids $35 for 6,000
What is the result of the auction? Who buys how many at what price?
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The price at which 10000 options ca...View the full answer
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