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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 15.00 140,000 14.80 280,000
Roundtree Software is going public using an auction IPO. The firm has received the following bids:
Roundtree had previously believed it would issue 2,200,000 shares; however, if Roundtree decides to issue an extra 456,000 shares (for a total of 2,656,000 shares), how much total money will it raise?
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