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    Exam 5: The Stock Market
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    DT Metals Is Offering 700 Shares in a Dutch Auction
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DT Metals Is Offering 700 Shares in a Dutch Auction

Question 21

Question 21

Multiple Choice

DT Metals is offering 700 shares in a Dutch auction IPO.The following bids have been received: DT Metals is offering 700 shares in a Dutch auction IPO.The following bids have been received:   What will the gross proceeds be for this offering? A) $12,000 B) $12,600 C) $13,200 D) $13,300 E) $14,700 What will the gross proceeds be for this offering?


A) $12,000
B) $12,600
C) $13,200
D) $13,300
E) $14,700

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