jaylasmith884
jaylasmith884
09.07.2019 • 
Business

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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