Assume that a company wants to sell 200,000 new shares using a Dutch Auction. It receives bids as follows: 50,000 shares @ $45; 60,000 shares @ $44; 70,000 shares @ $43; 80,000 shares @ $42. What price do all buyers pay for their shares? Select one: O a. All buyers pay $42 O b. Buyers pay the price they bid All buyers pay $45 Price is a weighted average of the bids received None of the above are true O d. O e. Assume that a company wants to sell 200,000 new shares using a Dutch Auction. It receives bids as follows: 50,000 shares @ $45; 60,000 shares @ $44; 70,000 shares @ $43; 80,000 shares @ $42. What percentage of the shares each investor bid for do they actually obtain? Select one: O a. 70.0% O b. 82.3% O C. 76.9% O d. 72.1% O e. 74.0% A company wants to raise $1,200,000 via a new Rights Offering. The current price of the stock is $10. The Subscription Price is set at $8.00. The firm currently has 1,500,000 shares outstanding. How many new shares will be issued? Select one: O a. 200,000 new shares O b. 125,000 new shares O C. 150,000 new shares O d. 175,000 new shares O e. 100,000 new shares A company wants to raise $1,200,000 via a new Rights Offering. The current price of the stock is $10. The Subscription Price is set at $8.00. The firm currently has 1,500,000 shares outstanding. How many rights will it take to purchase one new share of stock? Select one: O a. 9 O b. 11 O c. 10 d. 8 O e. 7