P14-5 Dutch Auction Weeks ago, the consumer products giant, Unilever, annou: to buy back 700,000 shares using a Dutch auction. Since then the compan licited interest from shareholders by asking how many shares they would t different prices. The information they collected appears below. Total shares Price $54.00 54.10 54.20 tendered 200,000 350,000 500.000 Price $54.30 54.40 54.50 Total shares tendered 650,000 800,000 025.000

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