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Example of Auction IPO Assume a firm is selling 500 shares of stock in a Dutch auction IPO. At the end of the bidding period,

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Example of Auction IPO Assume a firm is selling 500 shares of stock in a Dutch auction IPO. At the end of the bidding period, the firm's investment bank has received the following bids: Number of shares bid 25 Price ($) 8.00 7.75 7.50 7.25 100 75 150 150 275 125 7.00 m b 6.75 6.50 What will the offer price of the shares be

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