Question: Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.40 120,000 14.20 220,000

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

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.40 120,000 14.20 220,000 540,000 14.00 1,000,000 13.80 13.60 1,300,000 13.40 860,000 13.20 400,000 Roundtree had previously believed it would issue 1,900,000 shares; however, if Roundtree decides to issue an extra 456,000 shares (for a total of 2,356,000 shares), how much total money will it raise? total amount of Smillion. (Round to one decimal place.) Roundtree will raise

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