A company goes public by using an auction. The bids are contained in the table below. The firm wants to sell 10 million shares. Number of Shares (millions) 2.0 7.0 3.5 4.5 7.5 5.0 Price ($) Bid Price ($) 21 20 19 18 17 16 21 20 19 18 17 16 Assume that the auction is conducted as a dirty auction, and the clearing price is $18. Describe which bidders would receive shares, the price they would pay, and how much of orders would be filled. Enter your answers for the number of receive shares in millions. For example, an answer of 1.234 million should be entered as 1.234, not 1,234,000. Rou the monetary values to the nearest dollar and answers for the number of receive shares to three decimal places. If the investor wouldn't receive shares, enter "0" in both colum The Auction Price $ $ $ $ $ $ Number of Receive Shares (millions)

Assume that the auction is conducted as a dirty aucton, and the ciearincipnice is $1. Describe which bidders would receive shares, the price they would pay, and how much of orders wovld be fliled. Enter your amwers for the number of recelve shares in milions. For example, an answer of 1.234 million should be entered as 1.234 , not 1.234,000. Ro the monetary values to the nearest dollar and answers for the number of recelve shares to three decimal places. If the invester wouldn't receive shares, enter "0" in both colum