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HSB Incorporated is offering 750 shares in a Dutch auction IPO. The following bids have been received. How many shares will be allocated to Bidder
HSB Incorporated is offering 750 shares in a Dutch auction IPO. The following bids have been received. How many shares will be allocated to Bidder A?
Bidder | Quantity | Price |
A | 200 | 31 |
B | 300 | 28 |
C | 100 | 27 |
D | 353 | 25 |
E | 500 | 23 |
Answer should be formatted as a number with no decimal places (e.g. 999).
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