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Name: Due: Last Worked Roundtree Software is going public using an auction IPO. The firm has received the following bids Price ($) Number of Shares

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Name: Due: Last Worked Roundtree Software is going public using an auction IPO. The firm has received the following bids Price ($) Number of Shares 14.80 100,000 14 60 200,000 14.40 540,000 1420 1,300,000 14.00 1,260,000 13 80 880,000 13.60 400,000 Current Scor Attempts: This homew Assuming Roundtree would like to sell 2.14 million shares in its IPO. what will be the winning auction offer price? The price will be sper share. (Round to the nearest cent.) x

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