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5 . The following bids are made in a Dutch auction for 1 8 0 , 0 0 0 shares: Bidder Number of Shares Price
The following bids are made in a Dutch auction for shares:
Bidder Number of Shares Price
A $
B $
C $
D $
E $
F $
What is the price paid by investors, and how many shares does each bidder receive?
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