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Please help me answer the following question. I have posted it before but the answer was incorrect so please provide a new answer. Thank you
Please help me answer the following question. I have posted it before but the answer was incorrect so please provide a new answer. Thank you
III = Homework: Lab #6 Question 11, Problem 14-8 HW Score: 85%, 34 of 40 points O Points: 0 of 2 Save Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) 14.60 14.40 14.20 14.00 13.80 13.60 13.40 Number of Shares 140,000 280,000 540,000 1,200,000 1.240,000 840,000 440,000 Roundtree had previously believed it would issue 2,200,000 shares; however, if Roundtree decides to issue an extra 527,000 shares (for a total of 2,727,000 shares), how much total money will it raise? Roundtree will raise a total amount of $ million. (Round to one decimal place.)Step by Step Solution
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