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

Title: Harrison Products is selling 1 million shares of stock in an auction IPO. At the end of the bidding ...
Post by: studymite on Jul 7, 2019

Price ($)

Number of Shares Bid

6.00

100,000

6.25

200,000

6.50

450,000

6.75

200,000

7.00

350,000

7.25

200,000

7.50

250,000

Harrison Products is selling 1 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?

▸ $6.75

▸ $7.00

▸ $6.60

▸ $6.25

Title: Harrison Products is selling 1 million shares of stock in an auction IPO. At the end of the bidding ...
Post by: getdh on Jul 7, 2019

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