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Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are: Bidder Quantity 100 600 800 1,200 1,500

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Bid Wars, Inc. is selling 1,200 shares of stock through a Dutch auction. The bids they received are: Bidder Quantity 100 600 800 1,200 1,500 Price $27 $26 $22 $21 $19 D How much cash will Bid Wars receive from selling these shares of stock? Ignore all transaction and flotation costs. Multiple Choice O O $29,300 $26.400 O O $25.200 $28,720 O O O $32,400

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