Question
Show EXCEL!!!!!! FORMULAR!!!!PLS!!!!!!!!!! THANKS!!!!!!!!! The bidders in a Dutch auction are as follows: Bidder Number of Shares Price A 40,000 80 B 70,000 140 C
Show EXCEL!!!!!! FORMULAR!!!!PLS!!!!!!!!!! THANKS!!!!!!!!!
The bidders in a Dutch auction are as follows:
| Bidder | Number of Shares | Price |
| A | 40,000 | 80 |
| B | 70,000 | 140 |
| C | 50,000 | 90 |
| D | 60,000 | 56 |
| E | 20,000 | 64 |
| F | 60,000 | 54 |
| G | 40,000 | 50 |
| H | 80,000 | 100 |
The number of shares being auctioned is 250,000. What is the price paid by investors? How many shares does each investor receive?
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Fundamentals Of Futures And Options Markets
Authors: John Hull
9th Edition
0134083245, 9780134083247
