Wellington Seafood Company would like to sell 4,000 shares of stock to acquire its competitor Kapiti Crab Inc.The manager decides to use Dutch auction underwriting. The bids received are:BidderABCDEO $32,340How much should bidder A need to pay if the bidder receives the allocated shares?Ⓒ $31,405O $25,124Quantity11009001,4501,5501,750O $25,872Price$29.4029.0528.9028.5528.35

When an investor wants to sell a security, they can accept the bid price offered by a buyer. The bid…

Wellington Seafood Company would like to sell 4,000 shares of stock to acquire its competitor Kapiti Crab Inc The manager decides to use Dutch auction underwriting. The bids received are: Bidder A ABCDE D O $32,340 $31,405 How much should bidder A need to pay if the bidder receives the allocated shares? O $25,124 Quantity 1100 900 O $25,872 1,450 1,550 1,750 Price $29.40 29.05 28.90 28.55 28.35

Wellington Seafood Company would like to sell 4,000 shares of stock to acquire its competitor Kapiti Crab Inc The manager decides to use Dutch auction underwriting. The bids received are: Bidder A ABCDE D O $32,340 $31,405 How much should bidder A need to pay if the bidder receives the allocated shares? O $25,124 Quantity 1100 900 O $25,872 1,450 1,550 1,750 Price $29.40 29.05 28.90 28.55 28.35

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Please answer MCQ not working required
Dallas Market Makers is offering 800 shares in a Dutch auction IPO. The following bids have been received. Bidder Quantity Price A 200 $ 25 100 24 100 23 500 22 800 21 B C D E How much will Bidder B have to spend to purchase all of the shares that have been allocated to him? Multiple Choice O $1595.65 $1,955.56 $1,995.83 $2,393.43 $2,433.23
Rial Company wants to sell 400 shares to the public with Dutch auction underwring. The company receives five bids as follows: Bidder Quantity Price A 100 shares $16 B 100 shares 14 C 100 shares 12 D 200 shares 10 E 100 shares 9 1. Who are the bidders that will win the auction? 2. What will be the offer price in the IPO? 3. How much in total will Rial Company receive?
2) can you help
1. Swenson Markets would like to sell an additional 1,000 shares of stock using a Dutch auction. The bids received are as follows: (Table below should be interpreted as follows: Bidder A is willing to pay $31 for each share, up to 100 shares while bidder B is willing to pay $29 for each share, up to 100 shares) (Hint: Remember that for Dutch auctions, sell shares first to bidder with willing to pay the highest price and then to bidder with second highest price and so on until all shares are sold. However, every bidder will pay the price of the last bidder to receive any shares. In other words, everyone will pay the lowest price of all successful bidders receiving shares regardless of their own price bids.) Bidder Price A B с 500 D 600 E 400 What is the total amount the issuer will receive from this auction? Ignore costs. Quantity 100 100 $31 $29 $28 $27 $26
Lulu Industries is in the process of selling shares in an auction IPO. At the end of the bidding period, Lulu's investment bank has received the following bids: Number of Shares Bid 50,000 25,000 25,000 100,000 125,000 Price ($) $19.50 $19.25 $19.10 $19.00 $18.75 $18.50 $18.25 $18.00 $17.75 $17.50 What will the offer price of these shares be if Lulu is selling 0.5 million shares? $18.75 $19.10 $18.50 75,000 150,000 240,000 80,000 125,000 $18.25
Need typed answer only.Please give answer within 45 minutes
Canadian Air would like to sell 3825899 shares of stock using Dutch auction underwriting. The bids received are: Bidder A B Quantity 650,000 750,000 1,150,000 1,350,000 550,000 700,000 Price 31 30 29 28 27 26 How much will the company raise in its offer? Suppose that the underwriting gross spread is 6%.
K Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 120,000 13.80 200,000 13.60 560,000 13.40 1,100,000 13.20 1,300,000 13.00 12.80 800,000 440,000 Roundtree had previously believed it would issue 2,000,000 shares; however, if Roundtree decides to issue an extra 504,000 shares (for a total of 2,504,000 shares), Roundtree will raise a total amount of $33.1 million. (Round to one decimal place.)
$32,340 $25,872 $31,405 $25,124
You would like to sell 220 shares of Echo Global Logistics, Inc. (ECHO). The current ask and bid quotes are $15.44 and $15.39, respectively. You place a limit sell order at $15.43.If the trade executes, how much money do you receive from the buyer?
ABC would like to repurchase 50,000 of its ordinary shares. Investor X offered to sell his 20,000 shares at P20 per share. Investor Y offered to sell his 30,000 shares at P21 per share. Lastly, Investor Z offered to sell his 50,000 shares at P22 per share. ABC eventually paid Investors X and Y P21 per share to complete the repurchase. This is a/an *A. Fixed price tender offerB. Dutch auction self-tender repurchaseC. Open market operationD. Selective buy-back

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