Question: Please answer both questions if possible!! Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ( Number


Please answer both questions if possible!!
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ( Number of Shares 14.40 14.20 14.00 13.80 13.60 13.40 13.20 100,000 280,000 560,000 1,200,000 1,300,000 800,000 420,000 Roundtree had previously believed it would issue 2,100,000 shares, however, if Roundtree decides to issue an extra 480,000 shares (for a total of 2,580,000 shares), how much total money wll it raise? Roundtree will raise a total amount of million. (Round to one decimal place.)
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