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Southern Air Would Like to Sell 750 Shares of Stock

Question 20

Multiple Choice

Southern Air would like to sell 750 shares of stock using the Dutch auction method.The bids received are as follows: Southern Air would like to sell 750 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) 225; $42.00 E) 300; $40.00 Bidder B will receive _____ shares and pay a price per share of ____.


A) 0; $0
B) 69; $42.25
C) 69; $42.00
D) 225; $42.00
E) 300; $40.00

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