setting a share price below $20 results in more shares being purchased than the company desires. If the company wants to sell 1,000 shares, it should price its shares at and it will raise in proceeds. The shares will be allocated to bidder(s) , and the highest price charged per share will be per share. $20;$20,000;1and2;$20$40;$40,000;1and2;$40$20;$30,000;1;$40$20;$10,000;2;$20