Miller Motors has decided to sell 1,800 shares of stock through a Dutch auction.The bids received are as follows:
How much will Miller Motors receive in total from selling the 1,600 shares? Ignore all transaction and flotation costs.
A) $30,400
B) $33,400
C) $36,000
D) $36,400
E) $38,600
Correct Answer:
Verified
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