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You are trying to sell 9,00 shares in your company and you've received the bids in the table. You're selling by such auction, what price
You are trying to sell 9,00 shares in your company and you've received the bids in the table. You're selling by such auction, what price will you sell the shares for, and how many of the shares will each bidder receive? So the red is the correct answers I am just wondering how to find the selling price because sometimes when I generate a new question the problem the price that on will sell the shares would be Jane's Bid, not Prasana's Bid.
Instructions On PC, press F9 to generate a new random question To check an answer to an old question, type the numbers in the "User Generated Quest The answers you should be able to calculate are highlighted in red Inputs Bob's Bid Jane's Bid Prasana's Bid Xin's Bid Shares to be sold Shares 13,000 7,000 5,000 7,000 9,000 Price $17.73 $20.42 $22.95 $24.70 You're trying to sell 9,000 shares in your company, and you've reveived the bids in the table above You're selling by dutch auction, what price will you sell the shares for, and how many of the shares will each bidder receive? Question 1 Bob's shares Jane's shares Prasana's shares Xin's Shares Shares 0 0 2,000 7,000 Price $0.00 $0.00 $22.95 $22.95 How much will each investor spend on the shares, and what will be your total revenue? Question2 Bob's shares Jane's shares Prasana's shares Xin's Shares Total Revenue $0 $0 $45,900 $160,650 $206,550Step by Step Solution
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