Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming

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Roundtree Software is going public using an auction IPO. The firm has received the following bids:

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Assuming Roundtree would like to sell 1.92 million shares in its IPO, what will the winning auction offer price be?

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Corporate Finance The Core

ISBN: 9781292158334

4th Global Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Feb 29, 2024 04:00 AM

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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming

Question:

Price ($) 14.80 14.60 14.40 14.20 14.00 13.80 13.60 Number of Shares 160,000 260,000 500,000 1,000,000 1,200,000 880,000 420,000

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Corporate Finance The Core

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