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Postmates is doing a Dutch auction and wants to sell 1,000,000 shares. Based on the bids it received, how much money will Postmates raise from
Postmates is doing a Dutch auction and wants to sell 1,000,000 shares. Based on the bids it received, how much money will Postmates raise from this process?
Fidelity bid 600,000 shares @ $18, Vanguard bid 525,000 shares @ $16.50, PIMCO bid 875,000 shares @ $20, PacLife bid 400,000 shares @ $17.25.
Put your answer in whole dollars with no cents. For example, if the answer is $1234.56, enter your answer as $1,235
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