In a dutch auction of 10000 options bids are as followsa, Ask an Expert

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In a Dutch auction of 10,000 options, bids are as follows:
A bids $30 for 3,000
B bids $33 for 2,500
C bids $29 for 5,000
D bids $40 for 1,000
E bids $22 for 8,000
F bids $35 for 6,000.

What is the result of the auction?

Who buys how many at what price?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91993467

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