The Kinbozon Co. is conducting a primary market Dutch Auction to sell 15,000,000 shares of stock....

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The Kinbozon Co. is conducting a primary market Dutch Auction to sell 15,000,000 shares of stock. They have received six bids which are summarized below Bidder Shares Price A 3,145,000 25.65 B 4,755,000 24.75 C 4,630,000 24.25 D 5,000,000 23.85 E 5,575,000 23.15 F 8,450,000 22.50 What is the pro rata portion of shares that each of the winning bidders will receive for the number of shares they bid? 105.5% 85.6% 71.5% 64.7% The Kinbozon Co. is conducting a primary market Dutch Auction to sell 15,000,000 shares of stock. They have received six bids which are summarized below Bidder Shares Price A 3,145,000 25.65 B 4,755,000 24.75 C 4,630,000 24.25 D 5,000,000 23.85 E 5,575,000 23.15 F 8,450,000 22.50 What is the pro rata portion of shares that each of the winning bidders will receive for the number of shares they bid? 105.5% 85.6% 71.5% 64.7%