Question: Taking Your Firm Public: The Initial Public Offering 7. Roundtree Software is going public using an auction IPO. The firm has received the following bids:

 Taking Your Firm Public: The Initial Public Offering 7. Roundtree Software

Taking Your Firm Public: The Initial Public Offering 7. Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) 14.00 13.80 13.60 13.40 13.20 13.00 12.80 Number of Shares 100,000 200,000 500,000 1,000,000 1,200,000 800,000 400,000 Taking Your Firm Public: The Initial Public Offering 7. Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) 14.00 13.80 13.60 13.40 13.20 13.00 12.80 Number of Shares 100,000 200,000 500,000 1,000,000 1,200,000 800,000 400,000

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