Roundtree Software is going public using an auction IPO. The firm has received the following​ bids: Price​ ($) Number of

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answerhappygod
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Roundtree Software is going public using an auction IPO. The firm has received the following​ bids: Price​ ($) Number of

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Roundtree Software is going public using an auction IPO. Thefirm has received the following​ bids:
Price​ ($)
Number of Shares
14.60
  120,000
14.40
  220,000
14.20
  540,000
14.00
1,200,000
13.80
1,280,000
13.60
  860,000
13.40
  460,000
Roundtree had previously believed it would issue
2,100,000
​shares; however, if Roundtree decides to issue an extra
522,000
shares​ (for a total of
2,622,000
​shares), how much total money will it​ raise?
Question content area bottom
Part 1
Roundtree will raise a total amount of
​$enter your response here
million.  ​(Round to one decimal​ place.)
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