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The Fulton Company has decided to do a Dutch Auction to sell 800 shares of stock. It has received the following bids: Bidder A, 100
The Fulton Company has decided to do a Dutch Auction to sell 800 shares of stock. It has received the following bids: Bidder A, 100 shares at $15; Bidder B, 100 shares at $14; Bidder C, 500 shares at $13; Bidder D, 900 shares at $12; Bidder E, 800 shares at $11. How many shares of stock will the winning bidders receive?
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Professionals Handbook Of Financial Risk Management
Authors: Lev Borodovsky, Marc Lore
1st Edition
0750641118, 978-0750641111
