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Author Question: Price ($)Number of Shares Bid3.00100,0003.25100,0003.50150,0003.75100,0004.00 40,0004.25 80,0004.50 ... (Read 173 times)

nenivikky

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Price ($)Number of Shares Bid
3.00100,000
3.25100,000
3.50150,000
3.75100,000
4.00  40,000
4.25  80,000
4.50 150,000
4.7565,000
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


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Marked as best answer by nenivikky on Jul 9, 2019

Melissahxx

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nenivikky

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Reply 2 on: Jul 9, 2019
:D TYSM


aruss1303

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Reply 3 on: Yesterday
Wow, this really help

 

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