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What is true about common value auctions? A With common values, the English and second-price auctions are strategically equivalent. B With common values, the Dutch

What is true about common value auctions? A With common values, the English and second-price auctions are strategically equivalent. B With common values, the Dutch and first-price auctions are strategically equivalent. C Security markets are dominated by common values. D All of the above. E Only a. and c. F Only b. and c

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