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Miller Motors Has Decided to Sell 1,800 Shares of Stock

Question 55

Multiple Choice

Miller Motors has decided to sell 1,800 shares of stock through a Dutch auction.The bids received are as follows: 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 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

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