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TABLE 151
-Consider the Information Provided in Table 15

Question 11

Multiple Choice

 Bidder  Bid per share  Shares  A $100100,000 B $90200,000 C $75300,000 D $50200,000 E $40300,000 F $30100,000 G $2550,000\begin{array} { c c c } \hline \text { Bidder } & \text { Bid per share } & \text { Shares } \\\hline \text { A } & \$ 100 & 100,000 \\\text { B } & \$ 90 & 200,000 \\\text { C } & \$ 75 & 300,000 \\\text { D } & \$ 50 & 200,000 \\\text { E } & \$ 40 & 300,000 \\\text { F } & \$ 30 & 100,000 \\\text { G } & \$ 25 & 50,000 \\\hline\end{array} TABLE 15.1
-Consider the information provided in Table 15.1. If the seller disposes of the entire offering, the auction will raise:


A) $100 million.
B) $90 million.
C) $71 million.
D) $50 million.
E) $40 million.

Correct Answer:

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