1 P14-5 Dutch Auction Weeks ago, the consumer products giant, Unilever, announced plansto buy back 700,000 shares using a Dutch auction. Since then the company has so-licited interest from shareholders by asking how many shares they would tender atdifferent prices. The information they collected appears below.Total sharesPrice¹ $54.0054.1054.20tendered200,000350,000500,000Total sharesPrice$54.3054.4054.50tendered650,000800,000925,000a. What is the average price that the company will pay to buy back shares?b. Is the offering oversubscribed or undersubscribed?c. What percentage of the shares offered by stockholders will be repurchased?

Dutch Auction ,Weeks ago the consumer products giant Unilever, announced plans to buy back 700,000…

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

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

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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AVC Auctions (AVCA) has offered its 16.6 million shares in a Dutch Auction IPO. The following bids have been received:Bidder Quantity Price 1 4,150,000 $ 25.60 2 5,500,000 $ 25.35 3 7,000,000 $ 25.00 4 2,250,000 $ 24.75How many shares will Bidder 3 be able to purchase? How much will Bidder 3 have to spend to purchase all of the shares that have been allocated to them?
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 $33.1 million. (Round to one decimal place.)
Lulu Industries is in the process of selling shares in an auction IPO. At the end of the bidding period, Lulu's investment bank has received the following bids: Number of Shares Bid 50,000 25,000 25,000 100,000 125,000 Price ($) $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 $18.25
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 15.00 100,000 14.80 220,000 14.60 500,000 14.40 1,000,000 14.20 1,250,000 14.00 840.000 480,000 13.80 Roundtree had previously believed it would issue 1,800,000 shares; however, if Roundtree decides to issue an extra 547,000 shares (for a total of 2,347,000 shares), how much total money will it raise? Roundtree will raise a total amount of $ million. (Round to one decimal place.)
44. Mason Materials is offering 800 shares in a Dutch auction IPO. The following bids have been received: Bidder ABCDE с E Quantity c. 300 d. 250 e. 200 200 300 100 500 900 Price How many shares will be allocated to Bidder B? a. 218.18 b. 220.50 $ 87783 28 27 27 26 25
The bidders in a Dutch auction are as follows: Bidder Number of shares A 60,000 B 10,000 C 30,000 D 50,000 E 40,000 F 40,000 G 70,000 H 30,000 Price £50.00 £60.00 £45.00 £39.00 £42.00 £42.00 £35.00 £60.00 The number of shares being auctioned is 180,000. Find and state the price paid by investors. Also state the number of shares received by each investor.
The bidders in a Dutch auction are as follows: Bidder Number of shares Price A 60,000 £50.00 B 20,000 £80.00 C 30,000 £55.00 D 40,000 £38.00 E 40,000 £44.00 F 40,000 £42.00 G 50,000 £35.00 H 50,000 £60.00 The number of shares being auctioned is 200,000. What is the price paid by investors? How many shares does each investor receive? a. The price paid by the investors is the price bid by C = £55. b. The price paid by the investors is the price bid by E = £44. c. The price paid by the investors is the price bid by A = £50. d. The price paid by the investors is the price bid by H = £60.
The bidders in a Dutch auction are as follows: Bidder Number of shares Price 60,000 10,000 A £50.00 В £60.00 C 30,000 £45.00 D 50,000 £39.00 E 40,000 £42.00 F 40,000 £42.00 G 70,000 £35.00 H 30,000 £60.00 The number of shares being auctioned is 180,000. Find and state the price paid by investors. Also state the number of shares received by each investor.
DFI Corp is offering 600 shares in a Dutch auction IPO. The following bids have been received: Bidder A B. Quantity 100 200 100 300 200 How much will DFI get at the end of this IPO? Price $24 $23 $22 $21 S20 D
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Number of Shares 120,000 200,000 560,000 1,200,000 1,240,000 800,000 400,000 Price $14.60 14.40 14.20 14.00 13.80 13.60 13.40 Assuming Roundtree would like to sell 2.08 million shares in its IPO, what will the winning auction offer price be? The price will be $ per share. (Round to two decimal places.)
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Number of Shares Price ($) 14.40 14.20 14.00 13.80 13.60 13.40 13.20 160,000 220,000 520,000 1,300,000 1,260,000 880,000 420,000 Assuming Roundtree would like to sell 2.20 million shares in its IPO, what will be the winning auction offer price? The price will be $per share. (Round to the nearest cent.)
entFunctions/Interface/acellus_engine.html?ClassID=1057826963 What is the rate of return when 30 shares of Stock A, purchased for $30/share, are sold for $1100? The commission on the sale is $6. Rate of Return = [?] % Give your answer as a percent rounded to the nearest tenth. 2003-2023 International Academy of Science. All Rights Reserved. O Enter

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