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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming Roundtree would like to sell 1. 96 million

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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Assuming Roundtree would like to sell 1. 96 million shares in its IPO, what will be the winning auction offer price

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