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ABC Company has decided to sell 1,500 shares of stock through a Dutch auction. The bids received are as follows: 600 shares at $36 a

ABC Company has decided to sell 1,500 shares of stock through a Dutch auction. The bids received are as follows: 600 shares at $36 a share, 800 shares at $35, 900 shares at $34, 200 shares at $33, and 100 shares at $32 a share.

How much will the company receive in total from selling the 1,800 shares?

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