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Frank Enstein is the CEO of a private medical equipment company that is proposing to sell 135,000 shares of its stock in an open auction.

Frank Enstein is the CEO of a private medical equipment company that is proposing to sell 135,000 shares of its stock in an open auction. Suppose the company receives the bids in the following table. Price $ 90 88 83 80 Shares 25,000 15,000 20,000 30,000 15,000 13,000 19,000 20,000 35,000 79 77 76 75 71 What is the maximum price at which the company can sell its stock? Maximum price

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