Question
Hulkster Company would like to sell 700 shares of stock using the Dutch auction method. The bids received are as follows: Bidder Quantity Price A
Hulkster Company would like to sell 700 shares of stock using the Dutch auction method. The bids received are as follows:
| Bidder | Quantity | Price |
|---|---|---|
| A | 200 | 21 |
| B | 250 | 19 |
| C | 300 | 18 |
| D | 500 | 17 |
Bidder A will receive _________blank shares and pay a price per share of _________blank. Bidder C will receive no allocation.
Multiple Choice
75; $17
0; $0
187; $18
233; $17
100; $18
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Trading Financial Derivatives
Authors: Kas Salazar ,Gunter Meissner
1st Edition
0536008280, 978-0536008282
