Northern Air would like to sell 700 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) 0; $0
B) 69; $42.25
C) 69; $42.00
D) 210; $42.00
E) $300; $40.00
Correct Answer:
Verified
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