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Problem 1 0 - 0 4 A company goes public by using an auction. The bids are contained in the table below. The firm wants

Problem 10-04
A company goes public by using an auction. The bids are contained in the table below. The firm wants to sell 11 million shares.
\table[[Price ($),\table[[Number of],[Shares],[(millions)]]],[21,3.0],[20,5.0],[19,4.0],[18,5.0],[17,8.0],[16,5.5]]
1.2, not 1,200,000. Round the monetary values to the nearest dollar and answers for the number of receive shares to one decimal place. If the investor wouldn't receive shares, enter "0" in both columns.
\table[[Bid Price ($),The Auction Price,\table[[Number of Receive Shares],[(millions)]],],[21,$,,],[20,$,,],[19,$,0,0],[18,$,0,0],[17,$,0,0],[16,$,,]]
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