Question
Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Shares 14.80 120,000 14.60 240,000
Roundtree Software is going public using an auction IPO. The firm has received the following bids:
| Price ($) | Number of Shares |
| 14.80 | 120,000 |
| 14.60 | 240,000 |
| 14.40 | 560,000 |
| 14.20 | 1,300,000 |
| 14.00 | 1,240,000 |
| 13.80 | 860,000 |
| 13.60 | 400,000 |
Assuming Roundtree would like to sell
2.22
million shares in its IPO, what will be
The price will be ???? per share.
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The Investment Code Ancient Jewish Wisdom For The Wise Investor
Authors: H. W. Charles
1st Edition
1533423466, 978-1533423467
