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Beech, Inc. would like to sell an additional 500 shares of stock using the Dutch auction method. The bids received are as follows: Bidder Quantity
Beech, Inc. would like to sell an additional 500 shares of stock using the Dutch auction method. The bids received are as follows:
Bidder | Quantity | Price |
A | 100 | $40 |
B | 150 | $35 |
C | 300 | $30 |
D | 150 | $25 |
Bidder B will receive ___________ shares at a price of _______
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