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  1. Should be fine, because the whole file will copy...

    Should be fine, because the whole file will copy to each requesting computer for reading.
  2. Win 10 can accommodate 20 concurrent connections....

    Win 10 can accommodate 20 concurrent connections. That was increased to 20.
    So one folder is needed for your 16 to access at the same time.

    This may allow more than 20. Never tried it....
  3. As 10 is the limit, that one folder is valid....

    As 10 is the limit, that one folder is valid.
    Just be sure to set the permissions to read only.
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