PLEASE RESPOND ASAP. :)

You work for an Investment Bank and you are facilitating the Dutch auction with institutional bidders. You have received the following bids so you can discover the best price. Bidder Number of Shares Price A 600,000 $55.00 B 480,000 $48.00 C 320,000 $49.50 D 100,000 $52.00 E 750,000 $48.50 F 150,000 $49.25 G 550,000 $49.75 H 650,000 $51.00 The number of shares being auctioned is 1,500,000. What is the price to be paid by investors? How many shares will each investor receive? As you are working through your calculations, your boss comes by your office and was wondering if it would be more profitable to buy the entire lot of shares ourselves and to sell it to other investors at a higher price. You are aware that your company is being paid $2 per share on a best efforts arrangement. Your boss is confident of selling the shares to other investors with a $5 gain per share even though there is a chance of selling the shares at the same price that you bought them for. Given these circumstances how confident must your boss be in selling at a $5 gain