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Frank Enstein is the CEO of a private medical equipment company that is proposing to...

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Finance

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Frank Enstein is the CEO of a private medical equipment company that is proposing to sell 114,000 shares of its stock in an ope auction. Suppose the company receives the bids in the following table. Price $ 84 77 Shares 22,000 12,000 17,000 27,000 12,000 10,000 16,000 17,000 32,000 What is the maximum price at which the company can sell its stock

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