b) Consider the following simplified auction in an IPO. The offer size is 30 million shares. The investment bank managing the auction deems a 28-32 a correct price range. The order book is reported in following table: Bidder A B D Price () No. Of shares (in ml) 28.0 15.0 30.0 8.0 31.0 8.0 29.0 12.0 30.0 6.0 32.0 5.0 31.5 7.0 29.0 10.0 30.5 3.0 E F G H I i. Assuming a uniform price action: please, state what are the winning bids, the amount of money allocated to each bid (percentage of allocation), the overall amount collected by the issuer. ii. Assuming a discriminatory price action: state what are the winning bids, the price paid by each bid and overall amount collected by the issuer. Assuming a discriminatory price action, please, explain which bidder is the real winner? 111