Question: Roundtree Software is going public using an auction IPO. The firm has received the following bids: 6 . Roundtree had previously believed it would issue

Roundtree Software is going public using an auction IPO. The firm has received the following bids: 6. Roundtree had previously believed it would issue 2,000,000 shares;
however, if Roundtree decides to issue an extra 532,000 shares (for a total of 2,532,000 shares), how much total money will it raise?
Roundtree will raise a total amount of $
million. (Round to two decimal places.)
Data table
 Roundtree Software is going public using an auction IPO. The firm

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