Firm Z decides to undergo an Internet (Auction) IPO. Various bidders submit their bids as specific prices as follows: Firm 2 wishes to issue 100 million shares. What price is most likely to be chosen as the offer price given the information below? Price Shares Bid 58.00 63 million $8.50 52 million $9.00 48 million $9.50 44 million $10.00 21 million $10.50 17 million $11.00 10 million