Suppose a firm wishes to sell 1 0 0 , 0 0 0 shares and uses a
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Question:
Suppose a firm wishes to sell shares and uses a Dutch auction method to sell those shares. The following bids are received:
$ for shares
$ for shares
$ for shares
$ for shares
$ for shares
$ for shares
$ for shares
What is the result?
Related Book For
Cambridge International AS & A Level Further Mathematics Coursebook
ISBN: 9781108403375
1st Edition
Authors: Lee Mckelvey, Martin Crozier
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