Question: please help i rate well! thanks Roundtree Software is going public using an auction IPO. The firm has received the following bids Price (s) Number
please help i rate well! thanksRoundtree Software is going public using an auction IPO. The firm has received the following bids Price (s) Number of Shares 15.00 120,000 14 80 220,000 14.60 540,000 14.40 1,300,000 1420 1,200,000 14.00 840,000 13.80 400,000 Assuming Roundtree would like to sell 2 18 million shares in its IPO, what will be the winning auction offer price? The price will be sper share. (Round to the nearest cent)
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