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IPO stock valuation Suppose Blume Corp. is going public and, based on the bookbuilding process, decides it will be issuing 5 0 0 , 0
IPO stock valuation
Suppose Blume Corp. is going public and, based on the bookbuilding process, decides it will be issuing shares of common stock to raise capital to fund the company's proposed expansion. Suppose a Dutch auction an auction in which the auctioneer begins with a high asking price and lowers it until some bidder accepts the price is used to allocate shares in the Blume Corp. IPO. The following table shows the number of shares requested by potential bidders.
tableBidsNumber of Shares Requested,Price per ShareBidder $
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