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please show your work and reasoning. thank you :) Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end

please show your work and reasoning. thank you :)
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Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end of the bidding period, it has received the bids shown above. Which of the following is closest to the price at which the shares will be offered? A) $5.00 B) $5.25 C) $5.75 D) $6.00

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