Respuesta :
The offer price in a dutch auction lead underwriter.
A Dutch auction is one of several similar types of auctions for buying and selling goods. In most cases, it is an auction in which the auctioneer starts selling at a high asking price and the participant either accepts the price or lowers it until a predetermined minimum price is reached.
A Dutch auction is a market structure in which, after all bids have been collected, the bids are priced to achieve the highest price at which the entire bid can be sold. In this type of auction, investors bid for the amount they want to buy in terms of quantity and price.
Dutch Auction gets its name from the large Dutch flower auctions used to sell cut flowers. The Dutch auction strategy is the price bidders bid. Each bidder watches the price fall until a point is reached where either the bidder or a competitor bids and the auction ends.
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