Question: Northern Air Please help me solve this problem. Please help me solve Northern Air would like to sell 4,300 shares of stock using Dutch auction

Northern Air Please help me solve this problem. Please help me solve

solve Northern Air would like to sell 4,300 shares of stock using

Northern Air would like to sell 4,300 shares of stock using Dutch auction underwriting. The bids received are: Bidder Quantity Price A 900 $29 . 45 1, 000 29.10 1 , 400 28.95 1 , 600 28.60 1, 800 28 .40 How much will the company raise in its offer? Ignore all flotation and transaction costs. Multiple Choice O $173,355 O $126,635 O $122,980 O $125,130 $124,485

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