Question: Assume Sybase Software is thinking about three different size offerings for issuance of additional shares. Size of Offer Public Price Net to Corporation a. $
Assume Sybase Software is thinking about three different size offerings for issuance of additional shares.
| Size of Offer | Public Price | Net to Corporation | |||||||||
| a. | $ | 1.3 | million | $ | 45 | $ | 41.60 | ||||
| b. | 11.0 | million | 45 | 42.48 | |||||||
| c. | 32.0 | million | 45 | 43.50 | |||||||
What is the percentage underwriting spread for each size offer? (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)
Size of the offer Underwriting Spread
a. $ 1.3 million _________________
b. $ 11 million _________________
$ 32 million _________________
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