PRIN.OF CORPORATE FINANCE
PRIN.OF CORPORATE FINANCE
13th Edition
ISBN: 9781260013900
Author: BREALEY
Publisher: RENT MCG
Question
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Chapter 15, Problem 18PS

a)

Summary Introduction

To discuss: Total receipts from sales.

b)

Summary Introduction

To determine: Proceeds if it is a uniform price auction.

c)

Summary Introduction

To determine: Whether the investors are more caution on auction price or bidding in discriminatory.

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