Question: Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming Roundtree would like to sell 1.96 million shares

Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming Roundtree would like to sell 1.96 million shares in iss IPO, what will be the winning auctic The price will be s pet share. (Round to the nearest cent.)

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