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Roundtree Software is going public using an auction IPO. The firm has received the following bids: Price ($) Number of Share
14.80 100.000
14.60 220.000
14.40 540.000
14.20 1.100.000
14.00 1.280.000
13.80 840.000
13.60 480.000
Assuming Roundtree would like to sell 1.96 million shares in iss IPO, what will be the winning auctic The price will be $ __ pet share. (Round to the nearest cent.)

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