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In a private value auction, there are five bidders with valuations 3, 5, 20, 15, and 22. Bidders are risk neutral. If a second price

In a private value auction, there are five bidders with valuations 3, 5, 20, 15, and 22. Bidders are risk neutral. If a second price sealed bid auction is used, the expected revenue for the seller is

A 3

B. 5

C 10

D 15

E 20

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