Question: I need help with this please. Could it please be done in excel and can you please show your equations and how you did it
A company goes public by using an auction. The bids are contaned in the table below. The firm wants to sell 10 million shares. Assume that the auction is conducted as a dirty auction, and the clearing price is $18. Describe which bidders would receive shares, the price they would pay, and how much of their orders would be filled. Enter your answers for the oumber of receve shares in millions. For example, an answer of 1.234 milion should be entered as 1.234, not 1,234,000. Round the monetary values to the nearest dollar and answers for the number of receive shares to three decimal places, If the investor wouldn't receive shares, enter " 0 " in both columns
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