Question: Roundree Software is going pubit using an auction IPO The frm has received the following bids: Price (5) Number of Shares 1420 100.000 14.00 240.000

Roundree Software is going pubit using an auction IPO The frm has received the following bids: Price (5) Number of Shares 1420 100.000 14.00 240.000 13.00 580.000 13.60 1.100.000 13.40 1.200,000 13.20 340,000 13.00 480.000 Roundree had previously believed I would stue 2.000.000 shares; however, if Roundtree decides to issue an extra 460,000 shares for a total of 2.460,000 shares), how much total money will it raise? Roundree Wise a totalmount of milion (Round to one decimal place)

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