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6. A company is offering 900 shares in a Dutch auction IPO. The following bids have been received: Bidder Quantity Price 300 $46 B 200

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6. A company is offering 900 shares in a Dutch auction IPO. The following bids have been received: Bidder Quantity Price 300 $46 B 200 $42 C 100 $38 D 400 $37 E 300 $36 F 500 $36 What will the gross proceeds be for this offering? A. $38,400 B. $33,300 C. $28,340 D. $16,500

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