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Below is the bidding information from an auction IPO: Price ($) Number of Shares Bid Investor Group $19.50 50,000 $19.25 25,000 B $19.10 25,000 $19.00

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Below is the bidding information from an auction IPO: Price ($) Number of Shares Bid Investor Group $19.50 50,000 $19.25 25,000 B $19.10 25,000 $19.00 100,000 D $18.75 125,000 E $18.50 75,000 F $18.25 150,000 G $18.00 240,000 H $17.75 80.000 $17.50 125,000 $17.25 150,000 K $17.00 100,000 L $16.90 60,000 M $16.75 80,000 $16.50 75,000 $16.25 200,000 The firm wants to sell 1.25 million shares. --ZO 8. The offering price is $ a. 16.75 b 16,90 c. 17.00 d. 17.25 9. The proceeds received from this IPO are $ a. 21, 125,000 b21,250,000 C. 21,562, 500 d. 20,937,500 10. The number of shares allocated to group Mis bi 3.000 c. 5.000 d. 10,000

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