Input | Output |
|---|---|
![]() Spike Equino is the CEO of a private medical equipment company that is proposing to sell 100,000 shares of its stock in an open auction. Suppose the company receives the bids in the following table. <image 1>. What will be the company's total receipts ($) from the sale if the auction is a discriminatory auction? | $6,590,000 Difficulty: Medium Subfield: Corporate Finance |
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