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. | $ | 2.6 | million | $ | 46 | $ | 42.70 | ||||
| b. | 8.0 | million | 46 | 43.48 | |||||||
| c. | 28.0 | million | 46 | 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 offer: Underwriting spread:
a. 2.6
b. 8 million
c. 28 million
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