Question: Old MathJax webview I need step by step explanation plus answer thanks. Assuming SC would like to sell 1.88 million shares in its IPO, What

Old MathJax webview

Old MathJax webview I need step by step explanation plus answer thanks.

I need step by step explanation plus answer thanks.

Assuming SC would like to sell 1.88 million shares in its IPO, What will be the winning auction offer price?

2) SC Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares Bid 15.00 14.80 14.60 14.40 14.20 14.00 13.80 180,000 200,000 500,000 1,000,000 1,200,000 800,000 460,000 Assuming SC would like to sell 1.88 million shares in its IPO, what will be the winning auction offer price

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