Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming

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Roundtree Software is going public using an auction IPO. The firm has received the following bids: image text in transcribed

Assuming Roundtree would like to sell 1.8 million shares in its IPO, what will the winning auction offer price be?Appendix

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Corporate Finance

ISBN: 9780137845071

6th Edition

Authors: Jonathan Berk, Peter DeMarzo

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Question Posted: Jun 12, 2024 02:04 AM

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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming

Question:

Price ($) 14.00 Number of Shares 100,000 13.80 200,000 13.60 500,000 13.40 1,000,000 13.20 1,200,000 13.00 800,000 12.80 400,000

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Corporate Finance

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