Roundtree Software is going public using an option IPO

Finance Sep 14, 2020

Roundtree Software is going public using an option IPO. The firm has received the following bids:
Price ($) Number of Rates 14.00 100.000 19.80 200.000 19.80 500.000 1990 1,000,000 1920 1.200.000 13.00 800,000 1180 403,000
Assuming Roundtree would like to sell 1.8 million shares in its IPO, what will be the winning auction offer price?

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