Question: Roundtree Software going public using an auction IPO. The firm has received the following bids: Price ($) 14.60 14.40 14.20 14.00 Number of Shares 160,000

Roundtree Software going public using an auction IPO. The firm has

Roundtree Software going public using an auction IPO. The firm has received the following bids: Price ($) 14.60 14.40 14.20 14.00 Number of Shares 160,000 240.000 560.000 1,150,000 1,260,000 840,000 440,000 13.80 13.60 13.40 Roundtree had previously believed it would issue 2,100,000 shares; however, if Roundtree decides to issue an extra 454,000 shares (for a total of 2,554,000 shares), how much total money will it raise

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