Question: 7. Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price (S) Number of Shares 14.00 100,000 13.80

7. Roundtree Software is going public using an auction IPO. The

7. Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price (S) Number of Shares 14.00 100,000 13.80 200,000 13.60 500,000 13.40 1,000,000 13.20 1,200,000 13,00 800,000 12.80 400,000

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