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Category > Accounting Posted 15 Feb 2019 My Price 3.00

Bakers' Town Bread is selling 1,200 shares of stock through a Dutch auction

         Bakers' Town Bread is selling 1,200 shares of stock through a Dutch auction. The bids received are as follows: 100 shares at $14 a share, 300 shares at $12, 400 shares at $11, 700 shares at $10, and 900 shares at $9 a share.How much cash will Bakers' Town Bread receive from selling these shares of stock? Ignore all transaction and flotation costs. $10,800 $12,000 $13,400 $14,400 $16,800         

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SmartExpert
(118)
Status NEW Posted 15 Feb 2019 02:02 AM My Price 3.00

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