Mason Materials Is Offering 800 Shares in a Dutch Auction

question 58

Multiple Choice

Mason Materials is offering 800 shares in a Dutch auction IPO. The following bids have been received:
$$\begin{array} { c c c } \text { Bidder } & \text { Ouantity }&\text{Price} \\\text { A } & 200 & \$ 28 \\\text { B } & 300 & 27 \\\text { C } & 100 & 27 \\\text { D } & 500 & 26 \\\text { E } & 500 & 25\end{array}$$
How many shares will be allocated to Bidder A?

• A)0
• B)80
• C)125
• D)145
• E)200

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Definitions:

Simultaneously

Occurring, operating, or done at the same time.

Mainstream Media

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Feminists

Individuals who advocate for and support the equality of women in relation to men in social, economic, and political arenas.

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The act of providing false or misleading information with the intent to deceive others.