Bakers' Town Bread is selling 1,200 shares of stock through a Dutch auction.The bids received are as follows: 
How much cash will Bakers' Town Bread receive from selling these shares of stock? Ignore all transaction and flotation costs.
A) $10,800
B) $12,000
C) $13,400
D) $14,400
E) $16,800
Correct Answer:
Verified
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