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I need help with this please. Could it please be done in excel and can you please show your equations and how you did it
I need help with this please. Could it please be done in excel and can you please show your equations and how you did it step-by-step like mainly how you found the clearing auction price etc.
A company goes public by using an auctuon. The bids are contained in the table below. The firm wants to sell 10 million shares. In a traditional offering, describe which bidders would receive shares. the prise they would pay, and now much of their orders would be filled. Enter your answers for the number of receive shares in millions, For example, an answer of 1.2 milion should be ertered as 1.2, not 1.200,000, Round the monetary values to the nearest dollar and answers for the number of reotive shawes to one decinal plike. If the investor wouldrit recelve shares, enter "O" in both columns Step by Step Solution
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