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Webster Electrics Is Offering 1,500 Shares of Stock in a Dutch

Question 59

Multiple Choice

Webster Electrics is offering 1,500 shares of stock in a Dutch auction.The bids include: Webster Electrics is offering 1,500 shares of stock in a Dutch auction.The bids include: How much cash will Webster Electrics receive from selling these shares? Ignore all transaction and flotation costs. A) $28,500 B) $30,000 C) $31,500 D) $33,000 E) $34,500 How much cash will Webster Electrics receive from selling these shares? Ignore all transaction and flotation costs.


A) $28,500
B) $30,000
C) $31,500
D) $33,000
E) $34,500

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