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Mushroom Veggie Meats Would Like to Sell 3,000 Shares of Stock

Question 62

Multiple Choice

Mushroom Veggie Meats would like to sell 3,000 shares of stock using a Dutch auction.The bids received are as follows: Mushroom Veggie Meats would like to sell 3,000 shares of stock using a Dutch auction.The bids received are as follows:   What is the total amount the issuer will receive from this auction? Ignore costs. A) $128,600 B) $126,000 C) $127,400 D) $125,000 E) $129,600 What is the total amount the issuer will receive from this auction? Ignore costs.


A) $128,600
B) $126,000
C) $127,400
D) $125,000
E) $129,600

Correct Answer:

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