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Roundtree Software is going public using an auction IPO. The firm has received the following bids: . Roundtree had previously believed it would issue 2,000,000
Roundtree Software is going public using an auction IPO. The firm has received the following bids: . Roundtree had previously believed it would issue 2,000,000 shares; however, if Roundtree decides to issue an extra 535,000 shares (for a total of 2,535,000 shares), how much total money will it raise? Roundtree will raise a total amount of $ million. (Round to two decimal places.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.)
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