Winston's Grocers would like to sell 1,000 shares of stock using the Dutch auction method.The bids received are as follows: $$\begin{array} { | c | c | r | }
\hline \text { Bidder } & \text { Quantity } & \text { Price } \
\hline \text { A } & 500 & \$ 29 \
\hline \text { B } & 1,100 & 28 \
\hline \text { C } & 1,400 & 27 \
\hline \text { D } & 700 & 26 \
\hline
\end{array}$$ Bidder C will receive _____ shares and pay a price per share of _____.

Question

Winston's Grocers would like to sell 1,000 shares of stock using the Dutch auction method.The bids received are as follows: $$\begin{array} { | c | c | r | } 
\hline \text { Bidder } & \text { Quantity } & \text { Price } \
\hline \text { A } & 500 & \$ 29 \
\hline \text { B } & 1,100 & 28 \
\hline \text { C } & 1,400 & 27 \
\hline \text { D } & 700 & 26 \
\hline
\end{array}$$ Bidder C will receive _____ shares and pay a price per share of _____.

Quizplus · Accepted Answer

The Answer of Winston's Grocers would like to sell 1,000 shares of stock using the Dutch auction method.The bids received are as follows: $$\begin{array} { | c | c | r | } 
\hline \text { Bidder } & \text { Quantity } & \text { Price } \
\hline \text { A } & 500 & \$ 29 \
\hline \text { B } & 1,100 & 28 \
\hline \text { C } & 1,400 & 27 \
\hline \text { D } & 700 & 26 \
\hline
\end{array}$$ Bidder C will receive _____ shares and pay a price per share of _____.

Winston's Grocers Would Like to Sell 1,000 Shares of Stock