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Homework: Chapter_14 Score: 0 of 1 pt 7 of 22 (0 complete) P 14-7 (similar to) Roundtree Software is going public using an auction IPO.

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Homework: Chapter_14 Score: 0 of 1 pt 7 of 22 (0 complete) P 14-7 (similar to) Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price (5) 14.20 14.00 13.80 13.60 13.40 13.20 13.00 Number of Shares 100,000 200,000 500,000 1,000,000 1,260,000 840,000 400,000 Assuming Roundtree would like to sell 1.80 million shares in its IPO, what will be the winning auction offer price? The price will be $ per share. (Round to the nearest cent.) Score: 0 of 1 pt P 14-8 (similar to) 8 of 22 (0 complete) HW Score: 0%, 0 of 22 pts Question Help Price (S) Number of Shares 14.20 100.000 14.00 280,000 13.80 500,000 13.60 1.200,000 13.40 1,280,000 13.20 880,000 13.00 460,000 Roundtree had previously believed it would issue 2,100,000 shares, however, if Roundtree decides to issue an extra 548,000 shares (for a total of 2,648,000 shares), how much total money will it raise? Roundtree will raise a total amount of million (Round to one decimal place.)

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