a company goes public by using an auction period the bids are contained in the table below. The firm wants to sell a 10 million shares. in a traditional offering describe which bitters would receive shares the price they would pay and how much of their orders would be filled. enter your answer for the number of receive shares and millions for example and answer of 1.2 million should be entered as 1.2 not 1,200,000 round the monetary values to the nearest dollar and answers for the numbers have received shares to one decimal place period if the investor wouldn't receive shares enter zero in both columns.

A company goes public by using an auction. The bids are contained in the table below. The firm wants to sell 10 million shares. Price ($) Number of Shares (millions) 3.0 24 23 5.5 22 3.5 21 4.5 20 8.0 19 5.0 In a traditional offering, describe which bidders would receive shares, the price they would pay, and how much of their orders would be filled. Enter your answers for the number of receive shares in millions. For example, an answer of 1.2 million should be entered as 1.2. not 1,200,000. Round the monetary values to the nearest dollar and answers for the number of receive shares to one decimal place. If the investor wouldn't receive shares, enter "O" In both columns. Number of Receive Shares (millions) Bid Price ($) The Auction Price 24 0 23 $ $ 22 21 $ 20 19 $ A company goes public by using an auction. The bids are contained in the table below. The firm wants to sell 10 million shares. Price ($) Number of Shares (millions) 3.0 24 23 5.5 22 3.5 21 4.5 20 8.0 19 5.0 In a traditional offering, describe which bidders would receive shares, the price they would pay, and how much of their orders would be filled. Enter your answers for the number of receive shares in millions. For example, an answer of 1.2 million should be entered as 1.2. not 1,200,000. Round the monetary values to the nearest dollar and answers for the number of receive shares to one decimal place. If the investor wouldn't receive shares, enter "O" In both columns. Number of Receive Shares (millions) Bid Price ($) The Auction Price 24 0 23 $ $ 22 21 $ 20 19 $