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Bidder Number of Shares Price 4. The bidders in a Dutch auction are as follows: ABCDEFGH 40,000 80 70,000 140 50,000 90 60,000 56

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Bidder Number of Shares Price 4. The bidders in a Dutch auction are as follows: ABCDEFGH 40,000 80 70,000 140 50,000 90 60,000 56 20,000 64 60,000 54 40,000 50 80,000 100 The number of shares being auctioned is 250,000. What is the price paid by investors? How many shares does each investor receive?

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