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Bid Price perAggregate Number of Investor Share ($) Shares Bid A 70.00 2,000,000 B 60.00 1,000,000 55.00 3,000,000 D 54.00 2,000,000 E 50.00 1,000,000 F
Bid Price perAggregate Number of Investor Share ($) Shares Bid A 70.00 2,000,000 B 60.00 1,000,000 55.00 3,000,000 D 54.00 2,000,000 E 50.00 1,000,000 F 49.00 2,000,000 G 44.00 3,000,000 H 42.00 3,000,000 I 41.00 4,000,000 J 40.00 3,000,000 K 33.00 2,000,000 L 28.00 4,000,000 M 20.00 4,000,000 N 14.00 7,000,000 a. Who are the winning bidders? b. How much will each winning bidder pay for a share of Fewer Searches Net? c. How much of the security will be allocated to each winning bidder? d. How much will Fewer Searches.Net receive in proceeds before fees are paid? 13. The Fewer Searches.Net company is using a Dutch auction to do an IPO of its stock. Ten million shares are to be issued. The table below lists the bids and number of shares at each bid price
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