Company XYZ wants to sell 100000 shares using a Dutch auction The resulting bids are the following

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Company XYZ wants to sell 100000 shares using a Dutch auction The resulting bids are the following Bidder

A. 45000 shares at 96 per share Bidder

B. 53000 shares at 90 per share Bidder

C. 30000 shares at 102 per share Bidder

D. 30000 shares at 112 per share Bidder

E. 60000 shares at 104 per share

a. What is the total amount raised by the auction

b. How many shares would the bidder

E. end up getting

c. How many shares would bidder A end up getting

Related Book For answer-question

Investment

ISBN: 978-0073530703

9th edition

Authors: Zvi bodie, Alex kane, Alan j. marcus

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Posted Date: Jan 05, 2021 08:41 AM

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Company XYZ wants to sell 100000 shares using a Dutch auction The resulting bids are the following

Question:

Expert Answer:

aThe total amount raised by the auction is 345 000 Bid der A has offered to ... View the full answer

Investment

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