In a Dutch auction of 10,000 options, bids are as follows: A bids $30 for 3,000 B
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In a Dutch auction of 10,000 options, bids are as follows:
A bids $30 for 3,000 B bids $33 for 2,500 C bids $29 for 5,000 D bids $40 for 1,000 E bids $22 for 8,000 F bids $35 for 6,000.
What is the result of the auction? Who buys how many at what price?
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