a. 93,225

b. 122,635

c. 94,875

d. 94,380

e. 96,030

Northern Air would like to sell 3,300 shares of stock using Dutch auction underwriting. The bids received are: Bidder Quantity Price $29.10 550 650 28.75 B 28.60 1,050 28.25 1,250 28.05 1,450 How much will the company raise in its offer? Ignore all flotation and transaction costs