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Spike Equino is the CEO of a private medical equipment company that is proposing to sell 110,000 shares of its stock in an open auction.

Spike Equino is the CEO of a private medical equipment company that is proposing to sell 110,000 shares of its stock in an open auction. Suppose the company receives the bids in the following table. a. What will be the company's total receipts from the sale if the auction is a discriminatory auction? b. What if it is a uniform price auction? Answer is complete but not entirely correct

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