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Other Fields Homework Help Finance Topic started by: Frost on Jul 7, 2019



Title: Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end of the ...
Post by: Frost on Jul 7, 2019
Price ($)Number of Shares Bid
5.00600,000
5.25700,000
5.50850,000
5.75800,000
6.00650,000
6.25400,000
6.50150,000
Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end of the bidding period they have received the bids shown above. Which of the following is closest to the price at which the shares will be offered?

▸ $6.00

▸ $5.25

▸ $5.75

▸ $5.00


Title: Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end of the ...
Post by: emr21 on Jul 7, 2019
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Title: Felicity Industries is selling 2 million shares of stock in an auction IPO. At the end of the ...
Post by: Frost on Jul 7, 2019
Exactly what I needed for my project, TYSM