If Adams Corp issued new stock through a Dutch Auction where…
If Adams Corp issued new stock through a Dutch Auction where they needed to sell 100 shares of stock, based on the below bids, at what price would the stock sell? Bid Price ($) Number of Shares Investor A 92 35 Investor B 77 80 Investor C 83 100 Investor D 86 20 Investor E 89 62
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