Question: F 4 0 2 private limited plans to issue 1 0 0 stocks in the IPO. They will decide the price and allocation of the

F402 private limited plans to issue 100 stocks in the IPO. They will decide the price and allocation of the stocks based on a Dutch auction. Theyve received following responses from bidders. How many stocks will Tracy receive?
Bidder
Quantity
Stock Price
Cohen
25
$50
Tracy
30
$48
David
15
$47
Rafael
20
$46
Jordan
30
$45
Roger
10
$42
Ravi
20
$40
Group of answer choices
15
20
25
30

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