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Leanne Irish Pubworks Would Like to Sell 1,400 Shares of Stock

Question 71

Multiple Choice

Leanne Irish Pubworks would like to sell 1,400 shares of stock using the Dutch auction method.The bids received are as follows: Leanne Irish Pubworks would like to sell 1,400 shares of stock using the Dutch auction method.The bids received are as follows:   Bidder B will receive _____ shares and pay a price per share of _____. A) 884; $31 B) 1,400; $27.00 C) 455; $28.00 D) 455; $29.00 E) 700; $38.75 Bidder B will receive _____ shares and pay a price per share of _____.


A) 884; $31
B) 1,400; $27.00
C) 455; $28.00
D) 455; $29.00
E) 700; $38.75

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