Use the information for the question(s)below.
Luther Industries is in the process of selling shares of stock in an auction IPO.At the end of the bidding period,Luther's investment bank has received the following bids: 
-What will the proceeds from the IPO be if Luther is selling 1.1 million shares?
Definitions:
Situational
Relating to or dependent upon a particular set of circumstances or context.
Altruistically
Acting with an unselfish concern for the welfare of others.
Entrapped
The condition of being caught or trapped, either physically in a confined space or metaphorically in a situation.
Conversational Distance
The physical space between individuals during a conversation, which can affect communication and social interaction.
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