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

Title: Bejeweled, a chain of crafting shops, is selling 500,000 shares of stock in an auction IPO. At the ...
Post by: michlee on Jul 7, 2019

Price ($)

Number of Shares Bid

3.00

100,000

3.25

100,000

3.50

150,000

3.75

100,000

4.00

40,000

4.25

80,000

4.50

150,000

4.75

65,000

Bejeweled, a chain of crafting shops, is selling 500,000 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?

▸ $3.50

▸ $4.25

▸ $4.75

▸ $3.75

Title: Bejeweled, a chain of crafting shops, is selling 500,000 shares of stock in an auction IPO. At the ...
Post by: Cass Stein on Jul 7, 2019

Content hidden

Title: Bejeweled, a chain of crafting shops, is selling 500,000 shares of stock in an auction IPO. At the ...
Post by: michlee on Jul 7, 2019

Helps a lot... Now I'm ready for my quiz