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Blossom Inc. is offering 1,320 shares of stock in a Dutch auction. The bids include: Bidder Quantity Price A 300 $16 B 500 $22 C
Blossom Inc. is offering 1,320 shares of stock in a Dutch auction. The bids include:
| Bidder | Quantity | Price |
| A | 300 | $16 |
| B | 500 | $22 |
| C | 650 | $20 |
| D | 200 | $18 |
| E | 350 | $21 |
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- How much cash will Blossom receive from selling these shares? Ignore all transaction and flotation costs. Show your work. (4 marks)
- How many shares will each bidder receive? (6 marks)
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Stock Marketing Investing Cardinal Rules Of Passive Income
Authors: Brian Stclair
1st Edition
1539387305, 978-1539387305
