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Choose the correct answer with explanation There is an offer of 1,500 shares of stock by AB company in Dutch Auction. Following are the bids

Choose the correct answer with explanation

image text in transcribed There is an offer of 1,500 shares of stock by AB company in Dutch Auction. Following are the bids by different bidders: What is the amount that will be received by the company by selling the shares? (a) $30,000 (b) $18,000 (c) $21,000 (d) $23,000

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