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Grizzley Bare, Inc. is offering 1,500 shares of stock in a Dutch auction. The bids include: Bidder Quantity Price A 750 $56 B 300 $54

Grizzley Bare, Inc. is offering 1,500 shares of stock in a Dutch auction. The bids include:

Bidder

Quantity

Price

A

750

$56

B

300

$54

C

1,000

$52

D

100

$51

E

500

$50

 

 How much cash will Grizzley Bare receive from selling these shares?.

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