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The Jelly Jar Would Like to Sell 1,000 Shares of Stock

Question 11

Multiple Choice

The Jelly Jar would like to sell 1,000 shares of stock using the Dutch auction method.The bids received are as follows: The Jelly Jar would like to sell 1,000 shares of stock using the Dutch auction method.The bids received are as follows: Bidder D will receive _____ shares and pay a price per share of _____. A) 0; $0 B) 700; $37.00 C) 272; $37.00 D) 272; $38.75 E) 700; $38.75 Bidder D will receive _____ shares and pay a price per share of _____.


A) 0; $0
B) 700; $37.00
C) 272; $37.00
D) 272; $38.75
E) 700; $38.75

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