Question
Roundtree Software is going public using an auction IPO. The firm has received the following bids: What will the price be per share ? Price
Roundtree Software is going public using an auction IPO. The firm has received the following bids:
What will the price be per share ?
| Price ($) | Number of Shares |
| 14.00 | 100,000 |
| 13.80 | 200,000 |
| 13.60 | 500,000 |
| 13.40 | 1,000,000 |
| 13.20 | 1,200,000 |
| 13.00 | 800,000 |
| 12.80 | 400,000 |
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Financial Management For Nurse Managers
Authors: J. Michael Leger
5th Edition
1284230937, 9781284230932
