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Lakeside Industrial Has Decided to Sell an Additional 1,800 Shares

Question 109

Multiple Choice

Lakeside Industrial has decided to sell an additional 1,800 shares of stock through a Dutch auction. The bids that the company receives include: Lakeside Industrial has decided to sell an additional 1,800 shares of stock through a Dutch auction. The bids that the company receives include:   How much will Lakeside Industrial receive in total from selling the additional 1,800 shares? Ignore all transaction and flotation costs. A)  $59,400 B)  $61,200 C)  $63,000 D)  $65,500 E)  $66,600 How much will Lakeside Industrial receive in total from selling the additional 1,800 shares? Ignore all transaction and flotation costs.


A) $59,400
B) $61,200
C) $63,000
D) $65,500
E) $66,600

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