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. | $ | 2.7 | million | $ | 50 | $ | 46.30 | ||||
| b. | 11.0 | million | 50 | 47.28 | |||||||
| c. | 29.0 | million | 50 | 47.75 | |||||||
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 offer | underwriting spread | |
| a | $2.7 million | |
| b | $11 million | |
| c | $29 million |
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