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dew em: Homework: Homework IV 18 of 25 (13 complete) 2@ Score: 0 of 1 pt Inbi P 14-7 (similar to) Dra Arc Roundtree Software

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dew em: Homework: Homework IV 18 of 25 (13 complete) 2@ Score: 0 of 1 pt Inbi P 14-7 (similar to) Dra Arc Roundtree Software is going public using an auction IPO. The firm has received the following bids: Ser Gro Del Jun Price ($) 15.00 14.80 14.60 14.40 14.20 14.00 13.80 Number of Shares 160,000 200,000 500,000 1,100,000 1,220,000 840,000 420,000 Clu ] cor art Fol Assuming Roundtree would like to sell 1.96 million shares in its IPO, what will be the winning auction offer price? The price will be $ per share. (Round to the nearest cent.) Enter your answer in the answer box and then click Check

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