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Is it correct ? please provide the solution Roundtree Software is going public using an auction IPO. The firm has received the following bids Price
Is it correct ? please provide the solution Roundtree Software is going public using an auction IPO. The firm has received the following bids Price (5) 14.60 14.40 14.20 1400 13.80 13.60 1340 Number of Shares 140.000 240.000 560.000 1.200.000 1.240,000 840,000 400.000 Question Viewer Roundtree had previously believed it would issue 2.100,000 shares, however if Roundtree decides to issue andra 523.000 shares for a total of 2623.000 shares how much total money wil transe? Roundtree will raise a total amount of $ 36 2 milion (Round to one decimal place)
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