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L 8.8 points Your company is planning to use a Dutch auction to set the price of shares in its initial public offering (IPO) where

L 8.8 points Your company is planning to use a Dutch auction to set the price of shares in its initial public offering (IPO) where you plan to sell 100 shares. The first bidder offers $10 per share for 60 shares. The second bidder offers $9 per share for 30 shares. The third bidder offers $8 per share for 50 shares. What price will the shares be sold for? $8 $9 $10 Not enough information to answer the question A Moving to another c Save
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$9 $10 Net enough intormation to answer the queston

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