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Bid Wars, Inc

Question 100

Multiple Choice

Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are: Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are:   How much cash will Bid Wars receive from selling these shares of stock? Ignore all transaction and flotation costs. A)  $25,200 B)  $26,400 C)  $28,720 D)  $29,300 E)  $32,400 How much cash will Bid Wars receive from selling these shares of stock? Ignore all transaction and flotation costs.


A) $25,200
B) $26,400
C) $28,720
D) $29,300
E) $32,400

Correct Answer:

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