Question: actice - Ch 10 K- Roundtree Software is going public using an auction IPO The firm has received the following bids Price ($) 14.00 13.80

actice - Ch 10 K- Roundtree Software is going public using an auction IPO The firm has received the following bids Price ($) 14.00 13.80 13.60 13:40 13.20 13.00 12 80 Number of Shares 100,000 200,000 500,000 1,000,000 1,200,000 800,000 400,000 Question 1, *Problem 14-7 (bookmatch) Assuming Roundtree would like to sell 1 80 million shares in its IPO, what will be the winning auction offer price? offo The price will be $ per share (Round to the nearest cent) Q Search > L W HW Sca O Poin

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