Question: Roundtree Software is going public using an auction IPD. The rm has received the following bids: Price [5} Number of Shares 14.00 150,000 13.80 260,000

Roundtree Software is going public using an auction IPD. The rm has received the following bids: Price [5} Number of Shares 14.00 150,000 13.80 260,000 13.60 540,000 13.40 1,000,000 13.20 1,260,000 13.00 860,000 12.80 400,000 Roundtree had previously believed it would issue 2,000,000 shares; however, if Roundtree decides to issue an extra 483,000 shares (fora total of 2,483,000 Roundtree will raise a total amount 0f$ million. (Round to one decimal place.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

. Roundtree Software is going public using an auction IPD. The ?rm has received the following bids: Price [5} Number of Shares 14.00 150,000 13.80 260,000 13.60 540,000 13.40 1,000,000 13.20 1,260...

point(s) possible Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 120,000 13.80 220,000 13.60 580,000 13.40...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price Number of Shares $14.00 100,000 13.80 280,000 13.60 580,000 13.40 1,300,000 13.20 1,220,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.20 140,000 14.00 260,000 13.80 500,000 13.60 1,200,000 13.40 1,260,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.20 120,000 14.00 280,000 13.80 520,000 13.60 1,200,000 13.40 1,300,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.20 14.00 13.80 13.60 13.40 13.20 13.00 140,000 260,000 560,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 140,000 13.80 240,000 13.60 560,000 13.40 1,150,000 13.20 1,280,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.20 14.00 13.80 13.60 160,000 240,000 560,000 1,000,000 1,260,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 140,000 13.80 220,000 13.60 580,000 13.40 1,100,000 13.20 1,250,000...

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.00 140,000 13.80 260,000 13.60 580,000 13.40 1,000,000 13.20 1,280,000...

Sinusoidal Function y = asin(k(x d))+c or y = acos(k(x d))+c

Max owns an office building that he rents for $750 a month. Under the terms of the lease, the tenant is responsible for paying all property taxes and costs related to the building's operation and...

The strategic and financial options for allotating a diversified company's finuncial resources do not include mabing akquarions to ctuablah positions in new bushesves or to conglement exinfing...

Kirakan tahap keseimbangan pendapatan apabila terdapat peningkatan pelaburan dari 320 kepada 340 dengan menggunakan pendekatan perbelanjaan dan suntikan-bocoran Krakan tahap keseimangan pend-petan...