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Question
Cee The Moon is offering 700 shares in a Dutch auction IPO. The following bids have been received:
How much will Cee The Moon receive from this offering if the underwriter's fee is 5.5 percent?
A. $9,905.75
B. $9,440.60
C. $10,184.25
D. $11,245.50
E. $12,095.30
Answer
This answer is hidden. It contains 29 characters.
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