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
Correct Answer:
Verified
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