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A firm is selling 1700 shares of stock via a Dutch auction. The bids received are as follows: Bidder Quantity Price 476 $56 A $53

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A firm is selling 1700 shares of stock via a Dutch auction. The bids received are as follows: Bidder Quantity Price 476 $56 A $53 612 B 816 $52 554 $49 D a) How much will the firm receive in total from selling the 1700 shares? Ignore all transaction and flotation costs. b) How many shares would each investor receive and how much will they pay per share

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