Explain how a dutch auction works

Reference no: EM133633462

Question: Explain how a Dutch auction works? Google used the Dutch auction. What was the IPO price for Google (GOOG- Alphabet now)? What price is the company trading on 11/01/2019 - Close? What would be the compounded annual return if you bought the GOOG stock at the IPO price and held it till November 1, 2019 (close)?

Reference no: EM133633462

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