Question: please include any decimals, if any. thank you :) Roundtree Software is going public using an auction IPO. The firm has received the following bids:
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 15.00 100,000 14.80 200,000 14.60 500,000 14.40 1,100,000 14.20 1.250,000 14.00 840,000 13.80 440,000 Roundtree had previously believed it would issue 1,000,000 shares; however, if Roundtreo decides to issue an extra 488,000 shares (for a total of 2,388,000 Roundtroe will raise a total amount of million (Round to one decimal place.)
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