Merci Industries is selling 2,500 shares of stock via a Dutch auction. The bids received are as follows: 
How much will Merci receive in total from selling the 2,500 shares? Ignore all transaction and flotation costs.
A) $59,400
B) $62,500
C) $67,800
D) $69,700
E) $70,000
Correct Answer:
Verified
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